n NISM Certifications
NSM General NISM
Medium

Why is the waiting period waived in tailor-made group policies?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. To provide immediate coverage for pre-existing diseases

    Correct answer

  2. B

    To restrict coverage for some conditions

  3. C

    To shorten policy duration

  4. D

    To limit insurer liability

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

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