n NISM Certifications
NSM General NISM
Medium

According to the Insurance Act, 1938, how is "health insurance business" defined?

Practice question from IC 38 Mock Test 15 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Providing insurance coverage for medical professionals

  2. B

    Offering contracts for travel and personal accident benefits

  3. Providing insurance coverage for sickness benefits and medical expenses

    Correct answer

  4. D

    Offering contracts for hospital expenses and out-patient treatments

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

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