n NISM Certifications
NSM General NISM
Medium

What is the purpose of the proposal form in insurance?

Practice question from IC 38 Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To collect information about the insurer’s identity

  2. B

    To determine the premium for the policy

  3. C

    To provide details about the policyholder’s family members

  4. To apply for 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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