Vidyalelo
Commerce · Q647

Insurance

Graduate and Post Graduate · Commerce · question 647

Q647

State the incorrect of the following.

A.
Amount of premium need not be shown; only sum assured is to be shown
B.
There is no provision for name of the nominee in the policy
C.
Mode of payment of claim is also shown in the policy
Answer
D.
Date of birth of the assured has to be shown in the policy

Answer: Option C

Solution

Answer: Option C
Solution:
Mode of payment of claim is not shown in the policy.