n NISM Certifications
NSM General NISM
Medium

How does the hospital daily cash policy overcome medical inflation?

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

Options

  1. A

    It provides coverage for all medical procedures and treatments

  2. B

    It offers higher sum insured limits to cover rising medical costs

  3. It pays a fixed sum per day for the duration of hospitalization

    Correct answer

  4. D

    It provides coverage for outpatient expenses as well

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

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