Vidyalelo
Commerce · Q63

Insurance

Graduate and Post Graduate · Commerce · question 63

Q63

Arun started a 20-year term insurance policy. Once established, when, if at all, is the insurer next entitled to ask him for proof of continuing good health?

A.
At no point
B.
After the end of the first 12 months
C.
At the point when he changes occupation or retires
D.
When a lapsed policy is revived
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Arun started a 20-year term insurance policy. Once established, the insurer is next entitled to ask him for proof of continuing good health when a lapsed policy is revived.