Category: IC24 – LEGAL ASPECTS OF LIFE ASSURANCE – 31

Que. 1 : Q1) A Valid _______________ as contemplated under Sub section 7 creates an immediate vested interest in the assignee, but such interest is liable to be divested on the happening of the contingencies set out in the assignment.    1.  a) Absolute Assignment    2.  b) Statutory assignment    3.  c) Conditional assignment    4.  d) None of these Que. 2 : Q2) […]