Question
a.
Claims can only be paid in foreign currency
b.
Claims can only be paid in rupees
c.
Claims can be paid in foreign currency or rupees, depending on the preference of the policy holder
d.
Claims can be paid in rupees only if the policy holder is a person normally resident outside India
Posted under IC 14 Regulations of Insurance Business
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Q. In what currency can claims on policies covering baggage or valuables in transit be paid in India?
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