Vidyalelo
Commerce · Q235

Insurance

Graduate and Post Graduate · Commerce · question 235

Q235

Which of the following are true with regards to MWP Act cases?I: Death claims are settled in favour of nominees.II: Death claims are settled in favour of trustees.

A.
I is true
B.
II is true
Answer
C.
Both I and II are true
D.
Neither I nor II is true

Answer: Option B

Solution

Answer: Option B
Solution:
Death claims are settled in the favour of trustees, not in the favour of nominees