Vidyalelo
Commerce · Q895

Insurance

Graduate and Post Graduate · Commerce · question 895

Q895

Where more than one nominee is nominated –

A.
The death claim monies will be shared
B.
The death claim monies is payable jointly
Answer
C.
Both A & B
D.
None of the above is correct

Answer: Option B

Solution

Answer: Option B
Solution:
Where the death claim monies is payable jointly more than one nominee is nominated.