Multiple choice

Which of the following statements is correct?

  1. In group insurance, a single policy is issued covering many persons.

  2. A master policy covers servants of a master.

  3. Both (1) and (2)

  4. Neither (1) nor (2)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Examples are holders of the same credit card, savings bank account holders of a bank or members of the same social or cultural association.

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