Insurability of women is governed by

A. Need for insurance

B. Capacity to pay premiums

C. Both A & B

D. None of the above

Answer: Option C

Solution(By Examveda Team)

Insurability of women is governed by need for insurance and capacity to pay premiums. Thus, insurance companies may decide to grant full insurance only to those who have earned income of their own and may impose limits on other categories of women. Similarly, some conditions may be levied on pregnant women.