Insurance Awareness - Health Insurance
Which of the following is TRUE about exclusions in an insurance policy?
Which of the following is TRUE about exclusions in an insurance policy?
medium Q14 of Q15
Step-by-Step Solution
Step 1: Define exclusions
Exclusions are specific conditions, treatments, or events that the insurer does not cover under the policy at any time.Final Answer:
Exclusions are conditions for which claims are never payable under the policy → Option BQuick Check:
Exclusions are conditions = correct choice ✅
Quick Trick: Remember exclusions define what is never covered.
Common Mistakes:
MISTAKES- Mixing exclusions with waiting period or grace period concepts.
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