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Q. |
Mr. Ramesh is Married, and wants to buy a Life Assurance Cover on His Friend's Life. Find Out, if He will be Able to do so. |
A. | Yes, Mr. Ramesh can buy Life Assurance on His Friend's Life. |
B. | No, Mr. Ramesh cannot buy Life Assurance on His Friend's Life, because, He is Married. |
C. | No, Mr. Ramesh cannot buy Life Assurance on His Friend's Life, because, there is No Insurable Interest, Present. |
D. | No, Mr. Ramesh cannot buy Life Assurance on His Friend's Life, because of the Principle of Caveat Emptor. |
Answer» C. No, Mr. Ramesh cannot buy Life Assurance on His Friend's Life, because, there is No Insurable Interest, Present. |
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