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    Both statements a and b are correct. Presumption of death allows for inheritance of property, but it is not the same as proof of death. A claim under an insurance policy arises when the insured events occur. Maturity claim cheques are paid to both the trustees and beneficiaries in a MWP Act case. If a claim is made in January 2007 for a death in April 2004 under a policy that began in May 2002, then Section 45 of the Act will apply.

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    DOC-20180206-WA0047-1-13-8

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    Both statements a and b are correct. Presumption of death allows for inheritance of property, but it is not the same as proof of death. A claim under an insurance policy arises when the insured events occur. Maturity claim cheques are paid to both the trustees and beneficiaries in a MWP Act case. If a claim is made in January 2007 for a death in April 2004 under a policy that began in May 2002, then Section 45 of the Act will apply.

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    0 views1 page

    Wa0047 1 13 8

    Uploaded by

    chaudhari.jitendra86
    Both statements a and b are correct. Presumption of death allows for inheritance of property, but it is not the same as proof of death. A claim under an insurance policy arises when the insured events occur. Maturity claim cheques are paid to both the trustees and beneficiaries in a MWP Act case. If a claim is made in January 2007 for a death in April 2004 under a policy that began in May 2002, then Section 45 of the Act will apply.

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    of 1

    c Both the statements above are correct

    d Both the statements above are wrong

    28 Which one of the following statements is correct?

    a A presumption of death is not the same as proof of death

    b Presumption of death allows inheritance of property

    c Both the statements above are correct

    d Both the statements above are wrong

    29 When does a claim arise under an insurance policy?

    a Whenever the policyholder feels the need for money

    b When the insured events happen

    c When a premium is not paid

    d Whenever any of the three things mentioned above happen

    30 Which one of the following statements is correct?

    a Maturity claim cheques are paid to the trustees in a MWP Act case

    b Maturity claim cheques are paid to the beneficiaries in a MWP Act case

    c Both the statements above are correct

    d Both the statements above are wrong

    31 If a claim is made in January 2007 under a policy, which commenced in May 2002, stating that
    the life insured had died in April 2004,

    a Section 45 of the Act will not apply

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