Question
A period of up to one month during which the purchaser
of an annuity can cancel the contract without penalty is known as?Solution
A free look period is a period of time in which a new life insurance policy owner can terminate the policy without penalties, such as surrender charges. A free look period often lasts 10 or more days (depending on the insurer), allowing the contract holder to decide whether or not to keep it; if he or she is not satisfied and wishes to cancel, the policy purchaser can receive a full refund.
Which of the following best represents a core principle of natural justice in administrative law?
Which Section of the Indian Penal Code. 1860 deals with right to private defence of body and property?
On whom burden of proof lies?
Under which section of the LLP Act relationship of partners is discussed?
Which of the following can be included as a property of the partnership firm?
What does the principle of Res Gestaeunder Section 6 of the Indian Evidence Actstate?
Which of the following statement is true?
Plaint shall state precisely the amount claimed in all money suits except amount for________.
Who can initiate Corporate Insolvency Resolution Process as per IBC?
The rescission of a voidable contract may be communicated or revoked in the same manner, and subject to the same rules, as apply to the ________________
