Answered step by step
Verified Expert Solution
Question
1 Approved Answer
. Think and Answer Sri Narayan did not disclose on his life insurance proposal form that he had suffered from a disease which could shorten
. Think and Answer
- Sri Narayan did not disclose on his life insurance proposal form that he had suffered from a disease which could shorten his life. He died a few months after the policy was issued to him. Rajesh his heir, claimed the assured sum. Will the insurance company pay?
- Mohan insures his wife Geeta for Rs. 10, 00,000. The policy term is 10 years. He discloses all material facts at the time of the insurance. A few years later, his wife suffers from a fatal disease and dies after some time. Is the insurer liable to pay?
- Naveen insured his life for Rs. 5, 00,000 for the benefit of his wife Meenal. He murdered his wife after a few years. Can the policy amount be recovered?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started