Under deferred annuity, the premium has to be paid
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- ______ products provides lump sum amount when the policy matures
- ___________ is an annuity with an infinite life and continuous annual payments.
- Which one of the following is not a mode of premium payment for pension plans?
- A type of annuity contract that delays payments of income, installments or a lump sum until the investor el...
- Ajay pays insurance premium for his employees. Which of the following insurance premiums will not be treate...
- The _______ the premium paid by you towards your life insurance, the ______ will be the compensation paid t...
- A company forfeited 100 equity shares of Rs. 100 each issued at a premium of 50% (to be paid at the time of...
- The bank has paid life insurance premium of Rs. 30,000 on behalf of customer, but it is credited in the cas...