n NISM Certifications
X NISM Series X
Medium

Mr. Rohan’s expenditure for three hospitalizations totaling Rs. 5 lakhs, Rs. 2 lakhs, and Rs. 2 lakhs would result in Rs. 1 lakh payable out of pocket after exhausting his base policy and super top-up, with no remaining balance in the super top-up.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 2 lakhs; No balance left in super top-up

  2. Rs. 1 lakh; No balance left in super top-up

    Correct answer

  3. C

    No costs; coverage fully utilized

  4. D

    No costs; coverage automatically restores

Why this is the answer

The super top-up deductible is applied on total claims; after covering Rs. 4 lakhs from the base and super top-up, Rs. 1 lakh remains payable from Rohan’s pocket, with no remaining super top-up balance.

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