Q540
State the correct sentence
A.
A minor is not eligible for insurance
B.
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established
AnswerC.
A minor has no insurable interest in his life and therefore, is ineligible for insurance
D.
Proposal on a minor life can be submitted by anyone
Answer: Option B
Solution
Answer: Option B
Solution:
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established.