When policyholder is unable to pay full arrears of premium in lumpsum
When the policy could not be revived under special revival scheme
Both A & B
None of the above
✅ The correct answer is C.
Instalment revival can be availed when policyholder is unable to pay full arrears of premium in lumpsum and when the policy could not be revived under special revival scheme.
Instalment revival can be availed when policyholder is unable to pay full arrears of premium in lumpsum and when the policy could not be revived under special revival scheme.