n NISM Certifications
NSM General NISM
Medium

What is the purpose of a buffer cover in a group insurance policy?

Practice question from IC 38 Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To provide coverage for routine medical expenses

  2. B

    To cover expenses of minor illnesses or injuries

  3. To provide additional coverage when the family sum insured is exhausted

    Correct answer

  4. D

    To offer financial assistance for non-medical expenses

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

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