A minor is not eligible for insurance
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established
A minor has no insurable interest in his life and therefore, is ineligible for insurance
Proposal on a minor life can be submitted by anyone
✅ The correct answer is B.
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established.
Proposal on the life of a minor can be submitted by his parent or guardian after the need for insurance is established.