n NISM Certifications
NSM General NISM
Medium

What is the purpose of the excess clause in domiciliary hospitalization coverage?

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

Options

  1. A

    To limit the coverage for chronic illnesses

  2. To prevent misuse of the provision

    Correct answer

  3. C

    To extend the waiting period for coverage

  4. D

    To provide additional benefits for home treatment

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

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