Options
- A
Conditions are always waived in extreme cases of hardship.
-
A breach of condition results in immediate policy cancellation.
Correct answer
- C
Conditions are optional and can be overlooked by the insured.
- D
Conditions are not mentioned in policy wordings.
Test yourself for real
Take a full General NISM mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.