Question
A generic term applying to all types of insurance
indemnifying or reimbursing for losses caused by bodily injury or illness including related medical expenses is called?Solution
Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly.
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
What is the purpose of a "loss adjuster"?
What does the preamble of an insurance policy NOT typically include?
Which of the following is NOT a type of motor insurance policy?
A policy that covers loss or damage to a householder's property is:
The period during which the owner of a deferred annuity makes payments to build up assets is called?
Identify the correct full form of GAAT?
What does the term "insured" refer to in insurance?
Which type of insurance usually requires higher premium ?
Which of the following bank is not involved in housing finance to general public?
