GENERAL KNOWLEDGE

GK

INSURANCE AWARENESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Anmol Jeevan is a ____of the LIC.
A
Pension Plan
B
Children’s Plan
C
Term Insurance Plan
D
Basic Life Insurance Plan
Explanation: 

Detailed explanation-1: -A grace period of 30 days is allowed for clearing the premium payment before the Anmol Jeevan policy lapses.

Detailed explanation-2: -LIC Jeevan Amar is a non-participating, non-linked, offline term insurance plan that gives all the benefits of a term insurance plan alongside promising death benefits to your family.

Detailed explanation-3: -When Anmol Jeevan comes with Rs 25 lakh maximum coverage, Amulya Jeevan comes with a minimum coverage of Rs 25 lakhs. Anmol Jeevan comes with a minimum coverage of Rs five lakh, which is not possible in Amulya Jeevan. A policyholder of Amulya Jeevan has to pay less than a policyholder of Anmol Jeevan.

There is 1 question to complete.