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Commerce · Q523

Insurance

Graduate and Post Graduate · Commerce · question 523

Q523

State the correct option?

A.
Health Insurance cover can come only as a standalone policy
B.
Health Insurance cover can come with life insurance cover provided by a life insurer
Answer
C.
Health cover can be issued only by a nonlife insurer
D.
There is no limit on the benefits in a health cover

Answer: Option B

Solution

Answer: Option B
Solution:
Health Insurance cover can come with life insurance cover provided by a life insurer. Health insurance policies offered by life insurance companies pay certain amount for a particular disease on claim settlement.