n NISM Certifications
NSM General NISM
Medium

Which types of alterations are generally permitted in a life insurance policy?

Practice question from IC 38 Mock Test 20 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Increasing the premium amount

  2. B

    Reducing the coverage amount

  3. Adding additional riders or benefits

    Correct answer

  4. D

    Changing the policyholder's age

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

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