n NISM Certifications
NSM General NISM
Medium

What is the potential consequence if life insurers were not selective in offering insurance?

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

Options

  1. A

    People with serious ailments would have difficulty obtaining insurance.

  2. B

    Insurers would experience increased anti-selection.

  3. C

    Insurers would have higher profits.

  4. People with serious ailments would seek to buy insurance

    Correct answer

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

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