As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim after 2 years from issuance of policy if the material facts in the proposal are _________ made.

A. Innocently

B. Falsely

C. Frantically

D. Fraudulently

Answer: Option D

Solution(By Examveda Team)

As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim after 2 years from issuance of policy if the material facts in the proposal are fraudulently made.