n NISM Certifications
NSM General NISM
Medium

When might a policyholder need to issue a public advertisement for a lost policy?

Practice question from IC 38 Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    When they wish to inform the public about the loss

  2. B

    When they plan to claim the loss as a tax deduction

  3. When payment is due soon and the policy amount is large

    Correct answer

  4. D

    When foul play is suspected in the policy’s loss

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

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