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A husband took the life insurance policy...

A husband took the life insurance policy of his wife. After one year the couple got
divorced and later on after two years the wife died. Will husband get compensation
from the insurance company ?

Text Solution

Verified by Experts

The husband will get compensation from the insurance company because in case of life
insurance policy the insurable interset must be present at the time of taking policy. If
husband is making regular payment of premium even after divorce, then he will get the
compensation for the death of his wife even after divorce.
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