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Commerce · Q194

Insurance

Graduate and Post Graduate · Commerce · question 194

Q194

A non-early claim is a claim occurring after _________ of taking a policy of insurance.

A.
One year
B.
Two years
C.
Three years
Answer
D.
Four years

Answer: Option C

Solution

Answer: Option C
Solution:
A claim occurring after three years is a non-early claim. IRDA has taken steps to settle claims older than 3 years too.