n NISM Certifications
NSM General NISM
Medium

What is a policy document in insurance?

Practice question from IC 38 Mock Test 19 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A formal document which provides evidence of the contract of insurance

    Correct answer

  2. B

    A provisional basis to provide cover

  3. C

    A note issued to confirm protection under the policy

  4. D

    A document to determine the actual rate applicable

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.