[Solved] All of the Following Statements, are True, with Regard to Nomination, Except --.

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Q.	All of the Following Statements, are True, with Regard to Nomination, Except --.
A.	Policy-Nomination is Not Cancelled, if the Policy is assigned to the Insurer, in Return for a Loan.
B.	Nomination can be Done, at the Time of Policy-Purchase or Subsequently.
C.	Nomination can be Changed, by Making an Endorsement in the Policy.
D.	A Nominee has Full Rights on the Whole of the Claim.
Answer» D. A Nominee has Full Rights on the Whole of the Claim.

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Insurance Exam (LIFE)

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