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Commerce · Q299

Insurance

Graduate and Post Graduate · Commerce · question 299

Q299

What is the special feature of a Family Floater policy?

A.
The total sum insured floats amongst the family members
B.
Husband/wife, children and parents/parents-in-law can be covered
C.
Both A & B
Answer
D.
None of the three

Answer: Option C

Solution

Answer: Option C
Solution:
A family floater health insurance plan is an insurance plan that is tailor-made for families. It is quite similar to the individual health plan with an add-on benefit of providing health coverage for the entire family.