English IC33 New Syllabus Paper 10

Que. 1 : Death benefit in Keyman Insurance is____ 1.  Tax will be paid by Keyman’s family.   2.  Taxable for company.   3.  No tax (Not taxable)   4.  Tax will be paid by employee. Que. 2 : In a MWP policy the beneficiaries under the plan, other than wife can be 1.  Ex- wife   2.  Siblings   3.  Children   4.  Parents Que. 3 : Under MWP act 1874 a Read more…