Vidyalelo
Commerce · Q329

Insurance

Graduate and Post Graduate · Commerce · question 329

Q329

State the correct option.

A.
In a policy document, it is now compulsory to indicate the address of the local Ombudsman
Answer
B.
Address of the insured is optional in the policy document
C.
The address of the IRDA is also necessarily shown in the policy document
D.
Either the local Ombudsman's address or that of the IRDA needs to be shown in the policy

Answer: Option A

Solution

Answer: Option A
Solution:
In a policy document, it is now compulsory to indicate the address of the local Ombudsman.