n NISM Certifications
NSM General NISM
Medium

How does a top-up policy work in relation to a basic policy?

Practice question from IC 38 Mock Test 19 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The top-up policy replaces the basic policy for all medical expenses

  2. The top-up policy provides coverage only when the basic policy is exhausted

    Correct answer

  3. C

    The top-up policy offers a higher sum insured for a single hospitalization

  4. D

    The top-up policy has a lower premium cost compared to the basic policy

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

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