Which Section of the Insurance Act 1938, allows the life insurers to call a policy into question, within the initial 3 years, on the ground of misrepresentation or fraud?

Related MCQs

• The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
• Which section of Insurance Act, 1938 grants power to IRDA to frame regulations?
• The insurance in which risks are shared between multiple insurers is known as                        
• The Indian Life Assurance Companies Act was passed in which year to regulate life insurance business in India?
• How many insurance companies were merged to form the Life Insurance Corporation of India?
• The Insurance companies provide an option of reactivating the lapsed policy, within a specific period of time post the grace period. This period is known as                          
• What percentage of annual profit does Life Insurance Corporation of India (LIC) pays its policy holder?
• Bombay Mutual Life Assurance Society was the first life insurance company in India to insure Indian lives. It was set up in which year?
• How many insurance companies were nationalized under the General Insurance Business (Nationalization) Act (GIBNA) 1972?
• The Life Insurance Companies Act was passed in which year?