n NISM Certifications
NSM General NISM
Medium

Does a Broken Bone policy fall under Personal Accident (PA) insurance?

Practice question from IC 38 Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Yes, it is categorized as a PA policy

  2. B

    No, it is a standalone policy

  3. It can be offered as both a PA policy and a standalone policy

    Correct answer

  4. D

    The classification depends on the insurer

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

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