n NISM Certifications
NSM General NISM
Medium

What expenses do indemnity covers typically pay for?

Practice question from IC 38 Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Fixed sum per day for hospitalization

  2. B

    Pre-decided amount for different surgeries

  3. Actual medical expenses incurred due to hospitalization

    Correct answer

  4. D

    Non-medical expenses related to healthcare

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

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