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Today General Knowledge(GK)
In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
A)
This is the date on which the policy was sold to the customer/person insured
B)
This is the date on which the contract between the person and insurance company will come to an end
C)
This is the date on which the policy holder will have to submit his/her claim seeking the amount of the policy. Otherwise the company will not make any payment to him/her
D)
None of the above

Correct Answer : Option (B) - This is the date on which the contract between the person and insurance company will come to an end


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