n NISM Certifications
NSM General NISM
Medium

What is the first step to take during the claim process?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The agent should assist in investigations to assess the loss

  2. The incident giving rise to the claim should be immediately informed to the insurer

    Correct answer

  3. C

    The agent should delay claim lodgment formalities

  4. D

    The customer should contact authorities before informing the insurer

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

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