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 nomineesRelated Questions on Insurance
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