Readers ask: which Of The Following Statements Best Describes Dental Care Indemnity Coverage?

Readers ask: which Of The Following Statements Best Describes Dental Care Indemnity Coverage?

Which of the following best describe a hospital indemnity policy?

Which of the following BEST describes a Hospital Indemnity policy? Coverage that pays a stated amount per day of a covered hospitalization. (The typical Hospital Indemnity policy pays a stated amount per day of a covered hospitalization.)

Which of the following statements best describes the intent of a coinsurance clause in a major?

Which of the following statements BEST describes the intent of a Coinsurance clause in a Major Medical policy? A purpose of the Coinsurance clause in a Major Medical Policy is to discourage overutilization of the insurance coverage.

Which of the following situations does a critical illness plan cover?

Critical illness insurance provides additional coverage for medical emergencies like heart attack, stroke, or cancer. Because these emergencies or illnesses often incur greater than average medical costs, these policies pay out cash to help cover those overruns where traditional health insurance may fall short.

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For which of the following expenses does a basic hospital pay?

Hospital room and board A Basic Hospital policy pays expenses for hospital room and board, as well as other miscellaneous medical expenses incurred during hospitalization.

Are indemnity health plans good?

The kind of freedom available by an indemnity health insurance plan can be valuable in directing your own health care. This is significantly different than HMOs, IPAs, and PPOs which use managed care and may force you to choose a primary care provider as part of the plan.

What is a health indemnity plan?

What is an Indemnity Plan? Indemnity plans allow you to direct your own health care and visit almost any doctor or hospital you like. The insurance company then pays a set portion of your total charges. Indemnity plans are also referred to as “fee-for-service” plans.

What type of policy would only provide coverage for specific types of illnesses?

The Policy that would only provide coverage for specific types of illnesses, like cancer, stroke, etc. is dread disease insurance. Each category have further types of plans of insurance.

Which of the following best describes coinsurance?

Which of the following best describes coinsurance? Coinsurance is the agreed upon proportions for which the insurer and the insured share payment of certain benefits or services under the policy coverage. Coinsurance proportions are usually 80% for the insurer and 20% for the insured.

What best describes a short term medical expense policy?

SHORT TERM DURATION MEDICAL EXPENSE COVERAGE: The policy is designed to provide coverage for hospital, medical, and surgical expenses incurred as a result of Medically Necessary care for a covered Sickness, Mental Illness or Injury during a Benefit Period.

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What are the 36 critical illnesses?

Get cover for these 36 illnesses with a Critical illness Insurance

  • Heart attack.
  • Heart valve replacement due to defects or abnormalities.
  • Coronary artery diseases requiring a bypass or other surgery.
  • Aorta surgery via thoracotomy or laparotomy.
  • Stroke.
  • Cancer.
  • Kidney failure.

Which is best critical illness policy?

Critical Illness Insurance Companies And Plans In India

Insurance Company Plan Name Annual Premium)
Max Bupa Health Insurance Company Criticare health insurance plan 2368
Manipal Cigna Health Insurance Company Lifestyle protection- Critical care health plan 2915
Reliance General Insurance Company Critical illness plan 3231

What type of insurance gives the greatest amount of coverage for a limited period of time?

Calculate the Price

Which statement about a whole life policy is correct? Cash value may be borrowed against
What type of life insurance gives the greatest amount of coverage for a limited period of time? term life

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What is a basic medical expense policy?

Basic Medical Expense policies offer coverage for standard hospital, surgical, and physician expenses. It works to insure certain types of hospital visits/stays, surgery for specific types of procedures, and common physician fees.

What are the three basic coverages for medical expense insurance?

Basic coverages provided by an individual medical expense policy include hospital expense, surgical expense, and medical expense. These three basic coverages may be sold together or separately.

What type of policy would offer a 40 year old?

What type of policy would offer a 40 – year old the quickest accumulation of cash value? In this situation, a 20-pay Life policy offers the quickest accumulation of cash value. Whole life provides the insured with a cash value as well as a level face amount.


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