Question

In what situation would exclusions be used in health insurance?

a.

To grant coverage to individuals with pre-existing impairments

b.

To reduce the premium amount for the policy

c.

To increase the profits for the insurance company

d.

To avoid legal action from the insured individual

Posted under IC22 Life Insurance Underwriting

Answer: (a).To grant coverage to individuals with pre-existing impairments Explanation:Exclusions are often used in health insurance to grant coverage to individuals with pre-existing impairments, as the insurance company may not want to decline the case entirely but cannot assume the entire risk associated with the pre-existing condition.

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Q. In what situation would exclusions be used in health insurance?
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