Que. 1 : Q1) The process of applying for Insurance is called 1. a) Application 2. b) Consideration 3. c) Endorsement 4. d) Proposal Que. 2 : Q2) Which of the following statements is False? 1. a) Proposal Form is must for Insurance Contract 2. b) Life Fund of Life Insurance is invested largely in Government Bonds 3. c) Policy Holder can cancel the…