n NISM Certifications
X NISM Series X
Medium

A complaint related to which aspect can be made to the Insurance Ombudsman?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No resolution in 7 days

  2. Dispute about premium

    Correct answer

  3. C

    Failure of SCORES system

  4. D

    All of the above

Why this is the answer

The Ombudsman handles disputes concerning policy premiums, especially if unresolved within prescribed timeframes.

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