If the principle of utmost good faith is broken, the insurance policy(A) Is transferred to the nominee(B) The insuree is penalized(C) Stands null(D) Both (B) and (C)

If the principle of utmost good faith is broken, the insurance policy(

1.	If the principle of utmost good faith is broken, the insurance policy(A) Is transferred to the nominee(B) The insuree is penalized(C) Stands null(D) Both (B) and (C)
Answer» Correct option is (C) Stands null