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

A. True

B. False

C. Not worthy

D. Irrelevant

Answer: Option B

Solution(By Examveda Team)

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