2431. Which of the following statements are ‘true’? 1 : The premium under a group insurance policy is constant for all the time to come. 2 : Section 45 of the Insurance Act does not apply to a one year policy.

Only 1
Only 2
Both A & B
None of the above
✅ The correct answer is A.
As per Section 45, a policy is not to be called in question on the grounds of misstatement after two years. Hence, statement (B) is false.

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