Q313
Which of the following statements are correct?i. The sum assured under group insurance is not fixed by the individual member.ii. A person whose proposal is declined under individual scheme can get insurance under group policy.
A.
Statement i is correct
AnswerB.
Statement ii is correct
C.
Both statements are correct
D.
None of the three
Answer: Option A
Solution
Answer: Option A
Solution:
If a person's proposal is declined under individual scheme, he cannot get insured even under the group policy. Hence, only statement A is correct.