Vidyalelo
Commerce · Q222

Insurance

Graduate and Post Graduate · Commerce · question 222

Q222

Which of the following statements are “TRUE”? 1: In a group policy, each person is free to choose the amount of insurance cover. 2: A person, normally uninsurable, can be covered under a group insurance policy.

A.
Only statement 1
Answer
B.
Only statement 2
C.
Both A & B
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
In a group policy, each person is free to choose the amount of insurance cover.