Question

Look at the two statements below and choose the correct option:

1. Employer can buy insurance for his employees.
2. A husband can buy insurance for his wife.

a.

Statement 1 is true and statement 2 is false

b.

Statement 2 is true and statement 1 is false

c.

Both statements are true

d.

Both statements are false

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (c).Both statements are true Explanation:An employer has insurable interest in his employees and a husband has insurable interest in his wife. Hence, both the statements are true.

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Q. Look at the two statements below and choose the correct option: 1. Employer can buy insurance for his employees. 2. A husband can buy insurance for his wife.
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