Question
i. A group of persons residing in a housing colony—where some of them are tenants.
ii. A trade union of taxi drivers in a city, e.g. Mumbai.
iii. The members of a professional group, such as Institute of Chartered Accountants of India.
iv. The parents of students of a school.
a.
Options i and iv
b.
Options ii and iii
c.
Options i and ii
d.
Options iii and iv
Posted under IC 92 Actuarial Aspects of Product Development
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Q. Which of the following can be treated as groups for the purpose of insurance contract? i. A group of persons residing in a housing colony—where some of them are tenants. ii. A...
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