n NISM Certifications
NSM General NISM
Medium

Why is a declaration added at the end of an insurance proposal form?

Practice question from IC 38 Mock Test 14 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To confuse the proposer

  2. To ensure the insured fills the form accurately

    Correct answer

  3. C

    To increase the cost of insurance

  4. D

    To reduce the sum insured

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

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