n NISM Certifications
NSM General NISM
Medium

What do the IRDAI (Protection of Policyholders Interests) Regulations aim to do?

Practice question from IC 38 Mock Test 12 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Set premium rates for insurance policies

  2. B

    Define the role of insurance agents

  3. Safeguard and protect the insured or beneficiary in case of claims

    Correct answer

  4. D

    Determine the coverage limits of insurance policies

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

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