Which of the Following Statements About a Common Accident Provision

question 26

Multiple Choice

Which of the following statements about a common accident provision in a major medical insurance policy is true?

• A)It specifies the types of accidents that are covered without deductibles or coinsurance.
• B)It specifies the method for apportioning insurance coverage among two or more policies covering an accident.
• C)It specifies that only one deductible has to be satisfied if two or more family members are injured in the same accident.
• D)It provides disability income benefits if an insured is disabled from an accident that also results in medical expenses.

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Definitions:

Windows Operating System

A series of graphical operating systems developed, marketed, and sold by Microsoft.

Version

A specific form or variation of a product that is different from other forms of the same product or from previous iterations.

Variable Costs

Costs that change in proportion with the level of output or business activity, in contrast to fixed costs.

Profit per Unit

The difference between the selling price of a product and its cost per unit.