Vidyalelo
Commerce · Q901

Insurance

Graduate and Post Graduate · Commerce · question 901

Q901

Who can do a nomination under the policy?

A.
Assignor
B.
Assignee
C.
Life Insured
Answer
D.
Nominee

Answer: Option C

Solution

Answer: Option C
Solution:
Life Insured can do a nomination under the policy. Nomination is the process by which the policyholder appoints a person or persons to receive policy benefits in case of a death claim.