Question

Section 59 of the Insurance Rules allows exceptions to the condition of advance payment of premium for which type of insurances?

a.

Life insurance policies

b.

All types of insurances

c.

Sickness Insurance, Group Personal Accident Insurance, Medical Benefits Insurance

d.

Only car insurance policies

Answer: (c).Sickness Insurance, Group Personal Accident Insurance, Medical Benefits Insurance Explanation:Section 59 of the Insurance Rules allows exceptions to the condition of advance payment of premium for Sickness Insurance, Group Personal Accident Insurance, Medical Benefits Insurance, and Hospitalisation Insurance Schemes, subject to certain conditions.

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Q. Section 59 of the Insurance Rules allows exceptions to the condition of advance payment of premium for which type of insurances?

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