Q.

Select the Correct Statement.

A. The Policy Document has to be signed by a Competent Authority, but need not be compulsorily stamped according to Indian Stamp Act.
B. The Policy Document has to be signed by a Competent Authority, and should be stamped according to Indian Stamp Act.
C. The Policy Document need not be signed by a Competent Authority, but should be stamped according to Indian Stamp Act.
D. The Policy Document neither needs to be signed by a Competent Authority, nor it needs to be compulsorily stamped according to Indian Stamp Act.
Answer» B. The Policy Document has to be signed by a Competent Authority, and should be stamped according to Indian Stamp Act.

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Insurance Exam (LIFE)

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