Which one of the following is true for a group policy?
A) Copies of the master policy are given to all members by the insurer.
B) The group has to be formed exclusively for the purpose of insurance
C) Entry into the scheme and exit out of it, is at the option of the members.
D) The amount of the cover is determined by the scheme
Correct Answer:
Verified
Q1: Which one of the following statement is
Q2: Which one of the following statement is
Q4: State which one of the following statement
Q5: One of the fundamental principles of life
Q6: Facts which need to be disclosed is
Q7: _ policy is which covers the risk
Q8: The proportion of the risk which the
Q9: An international code of York Antwerp Rules
Q10: _ policy is granted only in respect
Q11: Insurance business is based on _
A)Parkinson's law.
B)Newton's
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