n NISM Certifications
NSM General NISM
Medium

Can non-employer employee groups in India take out group insurance cover?

Practice question from IC 38 Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Yes, as long as they comply with regulatory provisions

    Correct answer

  2. B

    No, they are strictly prohibited

  3. C

    Yes, but only if they have a minimum number of members

  4. D

    No, group insurance cover is only available for employers

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

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