McqMate
| Q. |
Insurance Regulatory and Development Authority of India (I.R.D.A.I.) has built, into its Regulations, a Consumer-Friendly Provision, called as, Free-Look Period. Describe the Same. |
| A. | A Free-Look Period provides a Window, to the Insured, where, He or She is Not Required to Pay the Premiums. |
| B. | A Free-Look Period provides a Window, to the Insured, where, He or She can Return the Policy, if He or She Does Not Like it. |
| C. | A Free-Look Period provides a Window, to the Insured, where He or She can Submit the Claims. |
| D. | A Free-Look Period provides a Window, to the Insured, where, He or She can Add the Nominations on the Policy. |
| Answer» B. A Free-Look Period provides a Window, to the Insured, where, He or She can Return the Policy, if He or She Does Not Like it. | |
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