n NISM Certifications
NSM General NISM
Medium

What are renewal premium receipts (RPR) used for?

Practice question from IC 38 Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Evidence of policy commencement

  2. B

    Policyholder’s address and contact info

  3. Proof of subsequent premium payment

    Correct answer

  4. D

    Indicating the sum assured

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

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