n NISM Certifications
NSM General NISM
Medium

Can full sum insured be claimed from multiple PA policies?

Practice question from IC 38 Mock Test 13 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No, only one policy

  2. Yes, full sum from all

    Correct answer

  3. C

    Yes, total cannot exceed one policy’s sum

  4. D

    No, claim divided equally

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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