MCQOPTIONS
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| 1. |
Mahesh has brought a life insurance policy with a critical illness rider. He has made absolute assignment of the policy in favor of khan. Mahesh suffers a heart attack and there is a claim of Rs.50,000 under the critical illness rider. To whom will the payment be made in this case? |
| A. | ahesh |
| B. | aran |
| C. | he payment will be shared equally by Mahesh and Karan |
| D. | either of the two because Mahesh has suffered the heart attack but the policy is assigned in the favor of Karan |
| Answer» C. he payment will be shared equally by Mahesh and Karan | |