Question

What event defines 'Death' in insurance contracts?

a.

Certificate of Birth

b.

Certificate of Insurance

c.

Certificate of Death issued by the Registrar of Births and Deaths

d.

Certificate of Marriage

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (c).Certificate of Death issued by the Registrar of Births and Deaths Explanation:In insurance contracts, 'Death' is defined as the death of the life assured, with proof provided by a certificate issued by the Registrar of Births and Deaths.

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Q. What event defines 'Death' in insurance contracts?
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