Examveda
Examveda

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.

This Question Belongs to Commerce >> Insurance

Join The Discussion

Related Questions on Insurance