n NISM Certifications
NSM General NISM
Medium

What advantage may cash-value life insurance and annuities provide?

Practice question from IC 38 Mock Test 20 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Higher returns

  2. B

    Encourages saving discipline

  3. Income tax benefits

    Correct answer

  4. D

    Professional investment management

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.