Examveda
Examveda

Which of the following are true with regards to MWP Act cases?
I: Death claims are settled in favour of nominees.
II: Death claims are settled in favour of trustees.

A. I is true

B. II is true

C. Both I and II are true

D. Neither I nor II is true

Answer: Option B

Solution(By Examveda Team)

Death claims are settled in the favour of trustees, not in the favour of nominees

This Question Belongs to Commerce >> Insurance

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