n NISM Certifications
X NISM Series X
Medium

The terms 'Top-Up' and 'Super Top-Up' policies are used in health insurance to describe plans that pay for expenses exceeding a specified threshold, with 'Super Top-Up' applying the threshold on aggregate claims for the year.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    General Insurance

  2. Health Insurance

    Correct answer

  3. C

    Life Insurance

  4. D

    In all types of insurance

Why this is the answer

'Top-Up' and 'Super Top-Up' are common terms in health insurance, relating to coverage over and above a basic plan.

Test yourself for real

Take a full NISM Series X mock test.

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