n NISM Certifications
NSM General NISM
Medium

Why is a supplementary cover considered cost-effective?

Practice question from IC 38 Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Lower premium rates than standard hospital expense policies

    Correct answer

  2. B

    Covers more medical treatments

  3. C

    Offers higher reimbursement rates

  4. D

    Covers pre-existing conditions without waiting periods

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

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