Multiple choice

Section 45 of Insurance Act, 1938 speaks about rejecting a claim after ______ of taking a policy.

  1. 1 year

  2. 3 years

  3. 5 years

  4. 7 years

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Section 45 (Indisputability Clause) of the Insurance Act offers protection against rejection of claim by the insurer on flimsy grounds provided and sets a time limit of 3 years for the Insurer for calling a policy into question.