Health and Life Insurance

Category - Theory

Which of the following is not a special health insurance policy providing limited coverage?
  1. Travel accident
  2. Specified disease
  3. Credit insurance
  4. Workers compensation
Explanation
Answer: D - Workers compensation is not a special health insurance policy providing limited coverage. By law, special health insurance policies must note on the first page of the policy in large letters that “THIS IS A LIMITED POLICY.” Limited policies are for travel accident coverage, specific disease or dread disease such as cancer or heart disease, hospital income insurance, accident only insurance, credit insurance, and blanket insurance. Each of these is specified to a time or circumstance for the individual policy holder.

Theory
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