After the expiry of the policy period On the death of the insured or on the expiry of policy period which ever is earlier Only when the insured has incurred the loss After the death of the assured.
After the expiry of the policy period On the death of the insured or on the expiry of policy period which ever is earlier Only when the insured has incurred the loss After the death of the assured.
Chapter12: Life Insurance Planning
Section12.3: Understanding Your Life Insurance Policy
Problem 1CC
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8) In life insurance, the policy amount is payable:
Transcribed Image Text:After the expiry of the policy period
On the death of the insured or on the expiry of policy period which ever is earlier
Only when the insured has incurred the loss
After the death of the assured.
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