NISM Series X-B Practice Questions - NISM-Series-X-B Investment Adviser (Level 2) Certification Examination Exam

Question 5

Which type of health insurance plan pays a fixed lump sum on the diagnosis of a covered illness, irrespective of actual hospital expenses?

Critical illness (benefit) policy Indemnity hospitalisation policy Top-up health policy Group mediclaim policy

Correct Answer:

Critical illness (benefit) policy

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