Q239
As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim after 2 years from issuance of policy if the material facts in the proposal are _________ made.
A.
Innocently
B.
Falsely
C.
Frantically
D.
Fraudulently
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim after 2 years from issuance of policy if the material facts in the proposal are fraudulently made.