The Payment to the policyholder at the end of the stipulated term of the policy is called

A)
Surrender Value
B)
Maturity Claim
C)
Sum Assured
D)
Paid-up value

Correct Answer : Option (B) - Maturity Claim



The Payment to the policyholder at the end of maturity date is known as maturity claim.

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