Question

What problem do insurers face with regards to 'unconcluded' contracts?

a.

Disputes over settlement of claims

b.

Dishonoured cheques

c.

Consumer grievances

d.

Assumption of risk by the insurer

Answer: (a).Disputes over settlement of claims Explanation:Insurers face problems with regards to 'unconcluded' contracts, particularly when a cheque is dishonoured after the date of policy but before the death of the life assured, leading to disputes over settlement of claims.

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Q. What problem do insurers face with regards to 'unconcluded' contracts?

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