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In the context of life insurance, what is meant by the "indisputable clause"?
  • a)
    It allows policyholders to dispute the coverage amount.
  • b)
    It states that the policy cannot be challenged by the insurer after a certain period.
  • c)
    It requires policyholders to provide indisputable proof of identity.
  • d)
    It outlines the procedure for policy reinstatement.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In the context of life insurance, what is meant by the "indisputa...
The "indisputable clause" in a life insurance policy states that the policy cannot be challenged by the insurer after a certain period, usually during the first two years of the policy. This clause helps protect the policyholder's coverage once the policy has been in force for a specified duration.
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In the context of life insurance, what is meant by the "indisputable clause"?a)It allows policyholders to dispute the coverage amount.b)It states that the policy cannot be challenged by the insurer after a certain period.c)It requires policyholders to provide indisputable proof of identity.d)It outlines the procedure for policy reinstatement.Correct answer is option 'B'. Can you explain this answer?
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In the context of life insurance, what is meant by the "indisputable clause"?a)It allows policyholders to dispute the coverage amount.b)It states that the policy cannot be challenged by the insurer after a certain period.c)It requires policyholders to provide indisputable proof of identity.d)It outlines the procedure for policy reinstatement.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of life insurance, what is meant by the "indisputable clause"?a)It allows policyholders to dispute the coverage amount.b)It states that the policy cannot be challenged by the insurer after a certain period.c)It requires policyholders to provide indisputable proof of identity.d)It outlines the procedure for policy reinstatement.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of life insurance, what is meant by the "indisputable clause"?a)It allows policyholders to dispute the coverage amount.b)It states that the policy cannot be challenged by the insurer after a certain period.c)It requires policyholders to provide indisputable proof of identity.d)It outlines the procedure for policy reinstatement.Correct answer is option 'B'. Can you explain this answer?.
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