Question

Mr. Kumar's wife is suffering from blood cancer Doctors lost their hope on her live Mr. Kumar would like to take life insurance policy on wife's name in order to get monitory benefit. Insurance company rejects this proposal on the grounds of �. correct answer

Answer 1

The correct option is  Legality of object of purpose

Explanation:

• The legality of object of purpose refers to an object or statement which might be considered to be unlawful or has an objection.

• The law might forbid a particular clause due to various reasons.

• As in the above scenario, Mr. Kumar is filing for an insurance policy in wife's name when there are no chances of her survival and she is not dying an accidental death.

• Hence, the Insurance company could reject this proposal on this grounds.