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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.

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