?
Which of the following is correct?
Answer & Solution
Correct Answer:
Option
D
All the statements are correct.
Under absolute assignment, the assignee will have all rights, The assignee can deal with the policy in any manner and Under conditional assignment the policy shall revert back to the assignor on the happening of an event.
Under absolute assignment, the assignee will have all rights, The assignee can deal with the policy in any manner and Under conditional assignment the policy shall revert back to the assignor on the happening of an event.
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