📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      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?
      A Health Insurance Correct Answer Incorrect Answer
      B Renewable Term Insurance Correct Answer Incorrect Answer
      C Key-Person Insurance Correct Answer Incorrect Answer
      D Multi-Peril Insurance Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      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.

      Practice Next
      More Insurance Awareness Questions
      ask-question