n NISM Certifications
NSM General NISM
Medium

How do life insurers share profits with policyholders in "With Profit" policies?

Practice question from IC 38 Mock Test 16 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    By increasing the sum assured

  2. B

    By reducing premiums

  3. By providing bonus payments

    Correct answer

  4. D

    By offering policy upgrades

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

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