n NISM Certifications
NSM General NISM
Medium

What is the importance of add-on covers in insurance?

Practice question from IC 38 Mock Test 17 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Always necessary for maximum insurance

  2. B

    Useful only for customers seeking maximum insurance per rupee

  3. C

    Not necessary in any policy

  4. Useful to cover specific risks

    Correct answer

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

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