Vidyalelo
Commerce · Q117

Insurance

Graduate and Post Graduate · Commerce · question 117

Q117

It would be advantageous to go for a family floater rather than non-floater due to the reason that

A.
Higher cover would help any family member in case of high cost treatment
B.
Premiums are considerably lower than where cover is taken for individual members
C.
Both A & B
Answer
D.
None of the three

Answer: Option C

Solution

Answer: Option C
Solution:
It would be advantageous to go for a family floater rather than non-floater due to the reason that higher cover would help any family member in case of high cost treatment and premiums are considerably lower than where cover is taken for individual members.