n NISM Certifications
NSM General NISM
Medium

In life insurance, how are adverse factors usually treated?

Practice question from IC 38 Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Apply discounts for positive health, habits, heredity, or occupation

  2. B

    Apply loadings for positive health, habits, heredity, or occupation

  3. C

    Apply discounts for adverse health, habits, heredity, or occupation

  4. Apply loadings for adverse health, habits, heredity, or occupation

    Correct answer

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

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