n NISM Certifications
NSM General NISM
Medium

In the claims process, what does claim intimation represent?

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

Options

  1. A

    The final settlement of the claim

  2. The initiation of the claims process by the claims team

    Correct answer

  3. C

    The customer’s approval of the claim

  4. D

    The claims team denying the claim

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

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