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Today General Knowledge(GK)
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be_____
A)
Terminated
B)
Paid UP
C)
Annuity
D)
AD&D

Correct Answer : Option (B) - Paid UP



In such a case the policy is said to be paid up

Published On : June 2, 2021
Category : Insurance and Finance
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