n NISM Certifications
NSM General NISM
Medium

What happens to a death claim if the proposer provided false information or concealed material facts?

Practice question from IC 38 Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The claim is paid in full

  2. B

    The claim undergoes extra verification

  3. The policy becomes void and all benefits are forfeited

    Correct answer

  4. D

    The insurer asks for additional documents

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

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