Q904
Which type of alterations amongst the following is not permitted?
A.
Extension of term
B.
Change from with profit to without profit
C.
Alterations which result in lowering the premium
D.
All of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Extension of term, Change from with profit to without profit and Alterations which result in lowering the premium. All of the above alterations are not permitted.