Section 135 of the Transfer of Property Act 1882 deals with the provision for the assignment of rights…
Section 135 of the Transfer of Property Act concerns assignment of rights under a fire-insurance policy. It transfers the rights of suit to an assignee by endorsement or…
Choose your answer
Section 135 of the Transfer of Property Act 1882 deals with the provision for the assignment of rights under the policy of __________ insurance.
Answer and explanation
Correct answer C
Section 135 of the Transfer of Property Act concerns assignment of rights under a fire-insurance policy. It transfers the rights of suit to an assignee by endorsement or other writing when the insured property is absolutely vested in that assignee at the assignment date. The provision therefore identifies fire insurance, not life or marine insurance.
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