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Which of the following statements are “TRUE”?
1: In a group policy, each person is free to choose the amount of insurance cover.
2: A person, normally uninsurable, can be covered under a group insurance policy.

A. Only statement 1

B. Only statement 2

C. Both A & B

D. None of the above

Answer: Option A

Solution(By Examveda Team)

In a group policy, each person is free to choose the amount of insurance cover.

This Question Belongs to Commerce >> Insurance

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