n NISM Certifications
NSM General NISM
Medium

During which period are alterations normally not allowed in a life insurance policy?

Practice question from IC 38 Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Within the first policy year, except for specific changes

    Correct answer

  2. B

    When increasing the sum assured

  3. C

    When changing the premium payment mode

  4. D

    When splitting the policy into multiple parts

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

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