n NISM Certifications
NSM General NISM
Medium

What happens if a proposer provides incorrect or concealed information in the Proposal Form?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The insurer denies the claim

    Correct answer

  2. B

    The insurer accepts the claim

  3. C

    The policyholder loses coverage

  4. D

    The policyholder can get a refund of the proposal deposit

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

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