Question

In the context of personal accident insurance, why does the insurer want to know about other personal accident policies taken by the same insured?

a.

To provide a discount on the premium

b.

To calculate the overall liability of the insurer

c.

To restrict the amount of coverage based on the sum insured under other policies

d.

To offer additional benefits

Answer: (c).To restrict the amount of coverage based on the sum insured under other policies Explanation:In personal accident insurance, the insurer may want to restrict the amount of coverage based on the sum insured under other policies taken by the same insured.

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Q. In the context of personal accident insurance, why does the insurer want to know about other personal accident policies taken by the same insured?

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