Insurance Verifier Question: Download Questions PDF
Please explain what do you mean by term ‘cash value’?
‘Cash Value’ is the cash amount offered to the policy holder while cancelling the policy, where a portion of thepremium paid goes into saving plan. It is also referred as surrender value. This term is normally used for life Insurance contract.
Download Insurance Verifier Interview Questions And Answers PDF
|Previous Question||Next Question|
|Explain me what is ‘collision coverage’ and ‘comprehensive coverage’ in Auto insurance?||Explain what is no-claim bonus?|