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Commerce · Q941

Insurance

Graduate and Post Graduate · Commerce · question 941

Q941

As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim within 2 years from issuance of policy if the material facts in the proposal are proved _________

A.
True
B.
False
Answer
C.
Not worthy
D.
Irrelevant

Answer: Option B

Solution

Answer: Option B
Solution:
As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim within 2 years from issuance of policy if the material facts in the proposal are proved false.