Insurance Awareness - Health Insurance
Which of the following is an advantage of opting for an Individual Health Insurance policy over a Family Floater policy?
Which of the following is an advantage of opting for an Individual Health Insurance policy over a Family Floater policy?
easy Q3 of Q15
Step-by-Step Solution
Step 1: Identify Advantages of Individual Policies
Individual policies provide a fixed sum insured for each member, which is not affected by claims made by other members.Final Answer:
Each member has a fixed sum insured regardless of claims by others → Option AQuick Check:
Each member has = correct choice ✅
Quick Trick: Individual policy = fixed sum insured per person.
Common Mistakes:
MISTAKES- Confusing shared sum insured advantage with Individual policies.
Master "Health Insurance" in Insurance Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Insurance Awareness Quizzes