State the correct sentence
A. A minor is not eligible for insurance
B. Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established
C. A minor has no insurable interest in his life and therefore, is ineligible for insurance
D. Proposal on a minor life can be submitted by anyone
Answer: Option B
Solution(By Examveda Team)
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established.Related Questions on Insurance
Join The Discussion