n NISM Certifications
NSM General NISM
Medium

When may an insurer reinstate a policy without evidence of insurability?

Practice question from IC 38 Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    After grace period expired

  2. B

    If policyholder certifies good health

  3. If policy was lapsed for a short period

    Correct answer

  4. D

    If sum assured is large

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

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