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State the correct position in a missing assured death claim
Answer & Solution
Correct Answer:
Option
D
All the statements are correct.
Payment is subject to an order from a competent court of law, Payment will depend on the policy status as on the date of the court order and Seven year waiting period is as per the Indian Evidence Act.
Payment is subject to an order from a competent court of law, Payment will depend on the policy status as on the date of the court order and Seven year waiting period is as per the Indian Evidence Act.
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