n NISM Certifications
NSM General NISM
Medium

How does a critical illness insurance policy provide benefits?

Practice question from IC 38 Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It covers all medical expenses incurred during treatment

  2. B

    It pays a fixed daily cash benefit while hospitalized

  3. C

    It reimburses a portion of the total medical expenses

  4. It pays a lump sum upon diagnosis of specified critical illnesses

    Correct answer

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

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