Vidyalelo
Commerce · Q821

Insurance

Graduate and Post Graduate · Commerce · question 821

Q821

In which manner Pre-existing illnesses could be covered?

A.
After illness is cured
B.
Before illness is contracted
C.
After illness is diagnosed
D.
After a Waiting period
Answer

Answer: Option D

Solution

Answer: Option D
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.