Question

In Insurance policies we always find a date which is "Date of Maturity". What does it mean?
1) This is the date on which the policy was sold to the customer/person insured.
2) This is the date on which the policy holder will have to submit his/her claim seeking the amount of the policy. Otherwise the company will not make any payment to him/her.
3) This is the date on which the contract between the person and insurance com- pany will come to an end.
4) The date on which the insurance company makes the final payment to the insured person which is normally fifteen days after the "payment due date".
5) None of these

Answer 1

none of these
I hope this is correct