Question

What is "family floater" in the context of health insurance?

a.

A policy that covers only one family member

b.

A policy that covers multiple unrelated individuals

c.

A policy that covers the entire family under a single sum insured

d.

A policy that covers only dependent children

Posted under IC38 Life Insurance Agent Exam

Answer: (c).A policy that covers the entire family under a single sum insured Explanation:"Family floater" is a policy that covers the entire family, consisting of spouse, dependent children, and dependent parents, under a single sum insured.

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Q. What is "family floater" in the context of health insurance?
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