n NISM Certifications
NSM General NISM
Medium

How does a Third Party Administrator (TPA) get remuneration from the insurer?

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

Options

  1. A

    Through commission from policy sales

  2. B

    Through premium payments from the insured

  3. Through fees paid by the insurer

    Correct answer

  4. D

    Through reimbursement of claim expenses

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

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