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Insurance · EPFO APFC · Question 17 of 30

Insurance: In life insurance, the amount payable on death or maturity is called

Step-by-step solution. Insurance for EPFO APFC.

Topic
Insurance
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · InsuranceMedium · 45s

In life insurance, the amount payable on death or maturity is called

TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

It is the fixed benefit agreed under the policy.

Final Answer: Option (C) Sum Assured
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In life insurance, the amount payable on death or… - Insurance (General Studies) Solved Question