level 2- BG

Co-payment is

• Co-payment is cost sharing requirement

• Co-payment reduces the Sum Insured

• Co-payment is applicable on Sum Insured

• All of the above

Sub limit is a

• Sub limit restricts the insured to claim upto the Sum insured

• Limit that exists within the main limit

• Sublimit is applicable on Room rent, ICU or any disease specifically mentioned in policy

• None of the above

• All of the above

Pre-policy checkup can lead to

• Acceptance of risk without restriction

• Risk Loading/ Exclusion of coverage

• Decline/ Deferment for specified period

• All of the above

Provision in a health insurance policy that eliminates coverage for certain medical services is

• Exclusion

• Waiting period

• Non- Payable

• None of the above

Identify which statement is correct for Individual policy:

• All members covered in policy have individual sum Insured

• All members covered in policy have one sum Insured

• They cannot be covered in one policy

• None of the above

Family Floater means all members of the family have one sum insured and can claim up to the limit of Sum insured

• True

• False

Family members listed below are considered as dependents

• Legally married spouse of the policy holder as long as he/she continues to be married to the Policy Holder

• Policy holder's children if they are unmarried, still financially dependent on him and have not established their own independent households

• Policy Holder's natural parents or parents that have legally adopted him

• All of the above

Indemnity policy pays

• Policy which guarantees a lump sum payment

• Payment is not dependent on the loss amount

• Pay the sum insured that is agreed when buying the policy

• All of the above

• None of the above

Pre hospitalization is medical expense incurred after the insured person is discharged from the hospital

• True

• False

If no claim has been made under the Policy and the Policy is renewed without any break, cumulative bonus to the next Policy Year will be added automatically increasing the Sum Insured for the next Policy Year

• True

• False