Health and Life Insurance

Category - Theory

What is the purpose of blanket insurance?
  1. To provide coverage for a variety of circumstances
  2. To provide coverage for a variety of people
  3. To provide coverage for people and things in one policy
  4. To provide coverage for life, health, and dental combined
Explanation
Answer: B - The purpose of blanket insurance is to provide coverage for a variety of people. Blanket insurance is a form of group insurance for people who are in positions of high-turnover. These include students, campers, passengers of common carriers, volunteers, or members of sports teams. Individuals covered by blanket insurance are automatically covered but will not receive certificates of insurance.

Theory
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