n NISM Certifications
NSM General NISM
Medium

Who can legally enter into an insurance contract?

Practice question from IC 38 Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only minors

  2. B

    Only adults who are not of sound mind

  3. C

    Only individuals disqualified under law

  4. Both parties must be legally competent

    Correct answer

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

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