n NISM Certifications
XVII NISM Series XVII
Medium

Which statement about health insurance premiums is TRUE?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Premiums can rise over time with renewal

    Correct answer

  2. B

    Premiums only rise if a claim was made previously

  3. C

    Premiums remain fixed throughout the policy period

  4. D

    There are no tax benefits on health premiums

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

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