n NISM Certifications
NSM General NISM
Medium

What does the gross premium include?

Practice question from IC 38 Mock Test 16 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Net premium and loading

    Correct answer

  2. B

    Policyholder's deductible amount

  3. C

    Claims paid by the insurer

  4. D

    Administrative fees charged by the insurer

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

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