Q469
Which of the below alteration will be permitted by an insurance company?
A.
Splitting up of the policy into two or more policies
AnswerB.
Extension of the premium paying term
C.
Change of the policy from with profit policy to without profit policy
D.
Increase in the sum assured
Answer: Option A
Solution
Answer: Option A
Solution:
Splitting up of the policy into two or more policies will be permitted by an insurance company.