Health Insurance (Set 1)

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100 Questions & Answers Category:

 
4 Aug 2025
Health Insurance Exam Question:

Which of the following statements is TRUE regarding critical illness insurance?

a) A Critical Illness rider acquires cash value.

b) A Critical Illness rider is automatically terminated once the basic policy is surrendered.

c) Critical Illness coverage will terminate at a specified age.

d) Critical Illness coverage can be issued on a stand-alone basis.

The Health Insurance examination comprises of 50 questions, time given is 1 hour 15 minutes and the passing mark is 70%.

 

Health Insurance (Set 1)

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  • Health Insurance (Set 2)

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    4 Aug 2025
    Health Insurance Exam Question:

    The extra premium to be paid in order to compensate for the additional risk involved in insurance is known as:

    a) Surcharge

    b) Escalation

    c) Loading

    d) Proration

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