Question

What is the standard document required for Keyman insurance?

a.

Partnership Deed

b.

Audited profit and loss account

c.

Keyman questionnaire duly signed and stamped by the authorised signatory of the company and countersigned by the key person

d.

Form No. 16 issued by the employer

Posted under IC22 Life Insurance Underwriting

Answer: (c).Keyman questionnaire duly signed and stamped by the authorised signatory of the company and countersigned by the key person Explanation:Keyman questionnaire duly signed and stamped by the authorised signatory of the company and countersigned by the key person is a standard document required for Keyman insurance.

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