n NISM Certifications
NSM General NISM
Medium

What is the purpose of hospitalization indemnity products?

Practice question from IC 38 Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To cover outpatient medical expenses

  2. To protect individuals from hospitalization costs

    Correct answer

  3. C

    To cover pre-existing medical conditions

  4. D

    To provide financial help for regular check-ups

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

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