Health and Life Insurance

Category - Health and Dental

The limitation of coverage to in-network providers and non-payment of claims for self-inflicted injuries are examples of policy __________.
  1. Exclusions
  2. Limitations
  3. Deductibles
  4. Copayments
Explanation
Answer: B - The limitation of coverage to in-network providers and non-payment of claims for self-inflicted injuries are examples of policy limitations. By spelling out the limitations of coverage, an insurance company can help reduce its risk of large claims. Limitations should not be confused with exclusions which are specific conditions or circumstances that are not covered at all by a policy.
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