n NISM Certifications
NSM General NISM
Medium

Why did insurers allow health insurance premiums in installments during COVID-19?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. To ease premium payment burden during the outbreak

    Correct answer

  2. B

    To encourage policyholders to switch insurers

  3. C

    To increase total premium collected

  4. D

    To restrict access for some policyholders

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

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