n NISM Certifications
X NISM Series X
Medium

A complaint which is raised with an insurance company has to be resolved within _____.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    One week

  2. Two weeks

    Correct answer

  3. C

    Four weeks

  4. D

    Six weeks

Why this is the answer

Insurance companies are mandated to resolve grievances within 2 weeks of receipt.

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