New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The principle of construction ensures:

    A Insured's claims are always honored. Correct Answer Incorrect Answer
    B Policy wording aligns with grammatical rules. Correct Answer Incorrect Answer
    C Courts interpret printed words over handwritten ones. Correct Answer Incorrect Answer
    D All ambiguities favor the insurer. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The principle of construction ensures that the insurance policy is interpreted fairly and reasonably, giving due regard to the intentions of the parties involved.

    Practice Next