Vidyalelo
Commerce · Q305

Insurance

Graduate and Post Graduate · Commerce · question 305

Q305

In respect of nomination, which of the following statements are correct?

A.
More than one person can be nominated
B.
Nomination can be done either at the time of commencement or later
C.
Nomination can be changed by making an endorsement
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
All the above statements regarding nomination are true.
More than one person can be nominated, Nomination can be done either at the time of commencement or later and Nomination can be changed by making an endorsement.