Multiple choice

Assignment of a policy can be made by

  1. Only by endorsement

  2. By a seperate instrument in writing only

  3. By a separate instrument in writing as well as by endorsement

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Right answer because Assignment can be made by a separate instrument in writing as well as by endorsement. In assignment, all the rights and liabilities are transferred to the assignee, so it can be made by transferring in the name of assignee on the policy itself, or by a seperate instrument in writing. 

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