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Commerce · Q383

Insurance

Graduate and Post Graduate · Commerce · question 383

Q383

In the case of a policy under the provision of M.W.P. ACT who can make the death claim?

A.
Beneficiary
Answer
B.
Life insured Heirs
C.
Trustee
D.
Any of the above

Answer: Option A

Solution

Answer: Option A
Solution:
In the case of a policy under the provision of M.W.P. ACT, Beneficiary can make the death claim. A policy covered under the MWP Act will give a clear title to the beneficiary.