n NISM Certifications
NSM General NISM
Medium

Who is the assignor in a life insurance policy assignment?

Practice question from IC 38 Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The person to whom the policy is transferred

  2. B

    The person who cancels the nomination

  3. The person who transfers rights, title, and interest in the policy

    Correct answer

  4. D

    The person who advances a loan against the policy

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

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