n NISM Certifications
NSM General NISM
Medium

In a top-up policy, if the medical expenses are below the chosen deductible, what happens?

Practice question from IC 38 Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The insured is fully reimbursed for the medical costs

  2. B

    The insured receives partial reimbursement for the medical costs

  3. The insured is not eligible to claim under the policy

    Correct answer

  4. D

    The insured must pay all medical expenses out of pocket

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.

IC 38 Mock Test 3