Q. Insurance mis-selling, seen in the news recently, refers to:

[A] Selling insurance policies at discounted prices to attract more customers.

[B] Selling insurance policies only to high-income individuals.

[C] Selling insurance policies without disclosing risks and terms.

[D] Selling insurance policies exclusively for tax-saving purposes.

Answer: C
Notes:

Explanation – Insurance mis-selling refers to the unethical practice of selling insurance products without properly informing customers about the risks, terms, or suitability of the policies. This can include misleading customers about the benefits or pressuring them into buying policies that may not meet their needs.

Source: The Hindu

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