Rahul is employed by Sunny. In respect of this employment, Rahul automatically has an insurable interest in Sunny’s life up to what limit, if any?

Rahul's monthly salary
Rahul's pension fund value
Sunny's annual profit
There is no limit

LohaHridoy

12 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 1

Rahul is employed by Sunny. In respect of this employment, Rahul automatically has an insurable interest in Sunny’s life up to Rahul's monthly salary.

12 views Answered 2022-09-01 13:21

Related Questions

When is it essential for insurable interest to be present in case of life insurance?

1 Answers 5 Views

Applying for Seasonal Employment occurs when a person requests to be considered for a job that is dependent on a particular season or time of year. Which situation below is the best example of Applying for Seasonal Employment?

1 Answers 5 Views

According to common law, when should insurable interest be present in a life insurance contract?

1 Answers 7 Views

According to common law, when should insurable interest be present in a general insurance contract?

1 Answers 4 Views

For a household insurance policy, insurable interest need only exist at outset and at what other point?

1 Answers 7 Views

A point B on a rigid link AB moves with respect to A with angular velocity $$\omega $$ rad/s. The radial component of the acceleration of B with respect to A, is (where vBA = Linear velocity of B with respect to A)?

1 Answers 5 Views

The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)?

1 Answers 4 Views

Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should all the colleges in India be allowed to devise their own curriculum and syllabus for the vocational courses promoting self-employment Arguments : I. Yes. This is an important step to generate employment opportunities. II. No. This will affect the quality of education due to lack of uniformity in syllabus.?

1 Answers 5 Views

Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should the educated unemployed youth be paid "unemployment allowance" by the Government Arguments : I. Yes. It will provide them some monetary help to either seek employment or to kick-start some 'self-employment' venture. II. No. It will dampen their urge to do something to earn their livelihood and thus promote idleness among the unemployed youth.?

1 Answers 4 Views

Which direction is Sunny facing now Statements : I. If Sunny turns to his right and again turns to his right, he will be facing North. II. If Sunny walks some distance and turns left and again walks some distance, then his face will be towards left of Dinesh who is facing South.?

1 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)