Which one of the following statements is correct?

A. The beneficiaries under the MWP Act can be any member of the family

B. A policy can be taken under the MMWP Act for the benefit of parents

C. Both the statements above are correct

D. Both the statements above are wrong

Answer: Option D

Solution(By Examveda Team)

Both the statements are incorrect.
The beneficiaries under the MWP Act cannot be any member of the family. A policy cannot be taken under the MMWP Act for the benefit of parents.