Examveda
Examveda

Which type of alterations amongst the following is not permitted?

A. Extension of term

B. Change from with profit to without profit

C. Alterations which result in lowering the premium

D. All of the above

Answer: Option D

Solution(By Examveda Team)

Extension of term, Change from with profit to without profit and Alterations which result in lowering the premium.
All of the above alterations are not permitted.

This Question Belongs to Commerce >> Insurance

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