n NISM Certifications
NSM General NISM
Medium

In a super top-up plan, how is the deductible applied when making claims?

Practice question from IC 38 Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The deductible applies to each claim individually

  2. The deductible applies to the total claims in a year

    Correct answer

  3. C

    There is no deductible in a super top-up plan

  4. D

    The deductible is paid once, and subsequent claims are fully covered

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

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