Vidyalelo
Commerce · Q628

Insurance

Graduate and Post Graduate · Commerce · question 628

Q628

Pick out the correct sentence from the flowing ones.

A.
Family floater policy does not cover parents
B.
Family floater is for self and spouse only
C.
Family floater policy covers self, spouse, parents and dependants
Answer
D.
Uncle and aunt can be covered in a family floater

Answer: Option C

Solution

Answer: Option C
Solution:
Family floater policy covers self, spouse, parents and dependants. A family floater covers all the family members under one single plan. The sum insured is fixed and gets exhausted as and when any member avails medical services and makes a claim. The members coverable under a family floater can be the policyholder and his/her parents, spouse and children.