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Insurability of women is governed by
Answer & Solution
Correct Answer:
Option
C
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.
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Login(A) Survival benefit is not allowed in Term Policies
(B) Where to keep the money invested is the decision of the policyholder
(C) Flexible premium payments are allowed in Term policies.
(D) None of the above