Q55: Which statement best explains Policyholder? | UPSC EPFO APFC 2026

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Which statement best explains Policyholder?

Practice this MCQ with options, instant answer checking, explanation, exam-wise filters, next/previous navigation and shareable result image.

Question ID #26503

Which statement best explains Policyholder?

Correct Answer: B. Person or entity that owns an insurance policy

Question: Which statement best explains Policyholder?

A. Amount of a covered loss borne by the insured before insurer payment

B. Person or entity that owns an insurance policy

C. Duty of parties to disclose material facts relevant to insurance contract

D. Dominant effective cause used to determine whether a loss falls within policy coverage

Correct Answer: B. Person or entity that owns an insurance policy

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Which statement best explains Policyholder? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. Person or entity that owns an insurance policy