Question

Which of the below statement is false?

a.

A person can buy insurance for himself

b.

A husband can buy insurance for his wife

c.

A wife can buy insurance for her husband

d.

A person can buy insurance for his friend

Answer: (d).A person can buy insurance for his friend Explanation:A person has no direct insurable interest in his friend and hence cannot buy insurance for his friend.

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Q. Which of the below statement is false?

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