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Question: Select the expanded form of SA as commonly used in life insurance

Options:

  1.  Sum Assured
  2.  Surrender of Assurance
  3.  Supplementary Assurance
  4.  Stamp Act
  5.  Survivor’s Annuity

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1. Sum Assured

The expanded form of SA as commonly used in life insurance is 'Sum Assured'.


More info:

The full form of SA is Sum Assured in life insurance.

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