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This question belongs to Commerce Insurance

Insurance

?

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 & Solution

Correct Answer: Option B

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

Question posted by Examveda

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