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

Options:

  1.  Oral Rehydration
  2.  Once Renewed
  3.  Ordinary Rates
  4.  Ordinary Renewal
  5.  Ombubsman’s Assurance

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3. Ordinary Rates

The expanded form of OR as commonly used in life insurance is 'Ordinary Rates'.


More info:

The full form of OR is 'Ordinary Rates' as commonly used in life insurance.

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