Page 198 - IC38 GENERAL INSURANCE

Answers to Self-Examination Questions
Answer 1
The correct option is II.
In a hospitalization expenses policy, hospitalization as well as pre and post
hospitalization expenses are covered.
Answer 2
The correct option is I.
Health insurance deals with morbidity (rate of incidence of disease).
Answer 3
The correct option is IV.
Under the cashless service, the insured does not pay and the insurance company
settles the bill directly with the hospital.
Answer 4
The correct option is II.
PPN stands for Preferred Provider Network.
Answer 5
The correct option is III.
Statements I, II and IV are correct. Statement III is incorrect as a shopkeeper
cannot take group insurance for its customers.

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