n NISM Certifications
NSM General NISM
Medium

How should the sum insured be determined in a health insurance policy?

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

Options

  1. A

    Based on the insurer’s recommendation

  2. B

    Based on the medical history of the insured

  3. Based on estimated hospitalization costs and future medical needs

    Correct answer

  4. D

    Based on the age of the insured alone

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

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