n NISM Certifications
NSM General NISM
Medium

What happens to individuals classified as declined lives in risk assessment?

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

Options

  1. A

    Charged higher premium

  2. B

    Subjected to certain restrictions

  3. Cannot be provided insurance coverage at an affordable cost

    Correct answer

  4. D

    Temporarily declined due to recent medical events

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

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