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  • IRDA - Life Insurance Agent Mock - 4
  • In a Return of Premium plan (ROP), what is the quantum of...
Multiple choice

In a Return of Premium plan (ROP), what is the quantum of maturity claim payable?

  1. Sum insured

  2. Sum insured + bonus

  3. Return of premiums

  4. Nothing

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

ROP plan offers premium refund at maturity if the policyholder survives the tenure.

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  • Insurance Policies and Claims (1580 questions)
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