Insurance - Study Mode

[#416] In which manner Pre-existing illnesses could be covered?
Correct Answer

(D) After a Waiting period

Explanation

Solution: After a Waiting period Pre-existing illnesses could be covered. Pre-existing diseases are those that exist at the time of taking a policy and are excluded from the cover during an initial waiting period.

[#417] Typical health ins. policies may exclude from cover routine expenses related to –
Correct Answer

(D) All of the above

Explanation

Solution: Typical health ins. policies may exclude from cover routine expenses related to Plastic surgery, Dental treatment and Aesthetic treatment.

[#418] If a person does not prefer any claim in an health insurance –
Correct Answer

(D) No claim Bonus allowed for claim-free years

Explanation

Solution: If a person does not prefer any claim in an health insurance than no claim Bonus is allowed for claim-free years.

[#419] Domiciliary Hospitalisation means –
Correct Answer

(D) Treatment taken at home as the patient could not be moved to hospital

Explanation

Solution: Domiciliary Hospitalisation means treatment taken at home as the patient could not be moved to hospital.

[#420] For admission of domiciliary hospitalization claim, the minimum period of medical treatment should be –
Correct Answer

(C) 3 days

Explanation

Solution: For admission of domiciliary hospitalization claim, the minimum period of medical treatment should be 3 days.