Describe the Purpose of Nomination.

Related MCQs

• For a Life Assurance Policy, Nomination is allowed Under --- of Insurance Act, 1938.
• All of the Following Statements, are True, with Regard to Nomination, Except --.
• Insurance Act, 1938, specifies the Rules for Nomination of Insurance-Policies under --.
• Describe the Purpose of Assignment.
• Describe the Purpose of Tax-Planning. Choose the Most Appropriate Option.
• Mr. Manish asks His Insurance-Advisor, the Primary Purpose of Insurance. Help Mr. Manish, Identify the Primary Purpose of Insurance, from the Following Options.
• How Would You Describe the Agreement between the Insurer and the Insured? Choose the Most Appropriate Option.
• Which One of the Following, can be used, to describe Insurance, in General?
• Describe an Asset, in General. Choose the Most Appropriate Option.
• Describe the Primary Objective behind Buying an Insurance Product.