Q646
State the incorrect statement
A.
In the event of loss of policy document, no fresh proposal needed
B.
The insurer will in such an event issue a duplicate policy without making any change in the contract
C.
No fresh underwriting is involved for issue of a duplicate policy
D.
The assured has to approach a competent court of law and obtain an order directing the insurer to issue a duplicate policy
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The assured does not have to approach a competent court of law and obtain an order directing the insurer to issue a duplicate policy.