Question
According to the Insurance Act, who can be nominated by
the holder of a life insurance policy to receive the money secured by the policy in the event of the policyholder's death?Solution
Section 39 Nomination by policy-holder- (1) The holder of a policy of life insurance on his own life may, when effecting the policy or at any time before the policy matures for payment, nominate the person or persons to whom the money secured by the policy shall be paid in the event of his death.
A can count 100 eggs in 4 minutes while B can count the same number of eggs in 5 minutes. How much time will be required if they work together to count ...
A can finish a work in 25 days and B can complete the same work in 10 days. B worked for 5 days and left the job. In how many days can A alone finish th...
A completes 37.5% of a task in 9 days, B finishes 44.44% of the same task in 8 days, and C accomplishes 66.67% in 8 days. How many days will it take for...
- 4 men earn Rs. 960 altogether for working 8 days. If a woman earns Rs. 4 more than each man per day, what will be the total earnings of 10 women in 5 days?
Aman can complete a task in 24 days, while Bhavna can finish the same task in 40 days. How long will it take for Chetan to finish the task if his effici...
Bittu can finish a task by himself in 60 days, while Anoop and Bittu working together can complete the same task in 28 days. If A...
A alone can complete 50% of a work in 20 days while B takes 16 days more than A to complete it. If B and C together can complete the work in 24 days, th...
P alone can finish a piece of work ‘M’ in 5 days while Q takes 3 days to finish it alone. P, Q and R working together can finish the work ‘N’ wh...
A work can be completed by ‘A’ and ‘B’, alone in 15 days and 10 days, respectively. Find the number of days taken by ‘C’ to complete the sam...
Arjun and Sameer can complete a job in 20 days and 25 days respectively. When Arjun, Sameer, and Nikhil work together, they finish it in
Relevant for Exams:
