Question

What does the Married Women's Property Act ensure regarding a life insurance policy taken under it?

a.

It makes the policy subject to court attachments

b.

It allows creditors to control the policy

c.

It ensures that the policy is beyond the control of court attachments, creditors, and even the life assured

d.

It grants full control of the policy to the husband

Posted under IC38 Life Insurance Agent Exam

Answer: (c).It ensures that the policy is beyond the control of court attachments, creditors, and even the life assured Explanation:The Married Women's Property Act ensures that a policy taken under it is beyond the control of court attachments, creditors, and even the life assured.

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Q. What does the Married Women's Property Act ensure regarding a life insurance policy taken under it?
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