Current Affairs

GK MCQs Section

Which term refers to termination of a policy due to failure to pay the required renewal premium.
[A]Actuary
[B]Annuity
[C]Policy Lapse
[D]CMO

Policy Lapse
Policy Lapse refers to termination of a policy due to failure to pay the required renewal premium.

Originally written on June 3, 2015 and last modified on June 3, 2015.

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