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  • Principles and Practices of Banking - 1 (JAIIB)
  • Group insurance is a plan of insurance which provides lif...
Multiple choice

Group insurance is a plan of insurance which provides life cover to a number of persons under a single policy called ______ policy.

  1. master

  2. keyman

  3. loss protection

  4. umberrima fides

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

Master policy means an insurance policy that provides coverage to eligible employees or members on a group basis.

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