n NISM Certifications
NSM General NISM
Medium

What is the usual practice in life insurance regarding adverse factors?

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

Options

  1. A

    To apply discounts for positive health, habits, heredity or occupational factors

  2. B

    To apply loadings for positive health, habits, heredity or occupational factors

  3. C

    To apply discounts for adverse health, habits, heredity or occupational factors

  4. To apply loadings for adverse health, habits, heredity or occupational factors

    Correct answer

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

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