n NISM Certifications
NSM General NISM
Medium

Under what circumstances may an inquiry be made regarding a life insurance proposal?

Practice question from IC 38 Mock Test 11 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    When the proposed insured lives in a different city than the branch location

  2. B

    When the proposed insured prefers a medical examination at a distant location

  3. When there is no clear insurable interest or the nominee is not a dependent

    Correct answer

  4. D

    When the agent is a close relative of the proposed insured

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

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