Vidyalelo
Commerce · Q824

Insurance

Graduate and Post Graduate · Commerce · question 824

Q824

If a person does not prefer any claim in an health insurance –

A.
Cover would cease and policy cancelled
B.
Cover would be subject to certain exclusions
C.
Cover would decrease
D.
No claim Bonus allowed for claim-free years
Answer

Answer: Option D

Solution

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