No Maturity claim is paid on the close of Term insurance
In Money Back policy interim payments are made after certain frequencies
In Money back policy on death within the policy duration full sum assured is payable without deducting the interim instalments already paid
There is no such thing as rider benefit in a policy contract
✅ The correct answer is D.
There is rider benefit in a policy contract. A rider is an insurance policy provision that adds benefits to or amends the terms of a basic insurance policy.
There is rider benefit in a policy contract. A rider is an insurance policy provision that adds benefits to or amends the terms of a basic insurance policy.