Q569
Which is correct?
A.
Policy proceeds on surrender may be paid to the assured in an emergency
B.
Only wife can be a trustee in such policy
C.
If a trustee is not appointed the policy money can only be paid to the official trustee of the state
AnswerD.
Only children can be beneficiaries of the policy
Answer: Option C
Solution
Answer: Option C
Solution:
If a trustee is not appointed the policy money can only be paid to the official trustee of the state.