Question

How is room rent linked to the sum insured in some health plans?

a.

It is not linked to the sum insured.

b.

It is based on the policyholder's choice.

c.

It is determined by the hospital.

d.

It is linked by a percentage of the sum insured per day.

Posted under IC38 Life Insurance Agent Exam

Answer: (d).It is linked by a percentage of the sum insured per day. Explanation:In some health plans, room rent restrictions are linked to a percentage of the sum insured per day, limiting the type of room a policyholder can choose based on their sum insured.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. How is room rent linked to the sum insured in some health plans?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What does "no claim discount" refer to in health insurance?

View solution

Q. What is a "malus" in health insurance?

View solution

Q. How much can the sum insured increase with a "cumulative bonus" for claim-free renewals?

View solution

Q. What is the purpose of a "cumulative bonus" in health insurance?

View solution

Q. What is a "free health check" provision in individual health policies?

View solution

Q. What is the usual time limit for document submission in cases of reimbursement claims in health insurance?

View solution

Q. When is it necessary to provide a notice of claim in a health insurance policy?

View solution

Q. What does "reasonable and necessary expenses" refer to in a health insurance policy?

View solution

Q. What is the purpose of restricting registered practitioners from being the insured or close family members?

View solution

Q. Who can be considered a qualified medical practitioner for health insurance purposes?

View solution

Q. What criteria must a hospital meet to be considered eligible for health insurance coverage?

View solution

Q. What is the minimum requirement for the number of inpatient beds in a hospital in towns with a population of less than 10,00,000?

View solution

Q. How does a Third Party Administrator (TPA) facilitate a cashless service for health insurance?

View solution

Q. What is the role of a Third Party Administrator (TPA) in health insurance?

View solution

Q. What does "Cashless Service" mean in the context of health insurance?

View solution

Q. What is the purpose of a "Preferred Provider Network (PPN)" in health insurance?

View solution

Q. What does the term "Network Provider" refer to in the context of health insurance?

View solution

Q. What is the maximum Sum Insured range for the product designed to cover diabetic persons?

View solution

Q. Which age group can typically purchase a product designed to cover diabetic individuals?

View solution

Q. In disease-specific health insurance covers, what is the purpose of offering wellness benefits?

View solution
View All MCQs on IC38 Life Insurance Agent Exam

Recommended Subjects

Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Cell Biology

Delve into the fascinating world of Cell Biology with our specialized category....

Avionics Engineering

Soar into the world of aviation technology with our Avionics Engineering category....

Railway Engineering

Embark on a journey through the world of railway systems with our Railway Engineering...

Geotechnical Engineering

Dive into the world of Geotechnical Engineering with our dedicated category. Explore...

Biology

Dive into the realm of life sciences with our Biology category. Explore the wonders...

Drug and Pharmaceutical Biotechnology

Navigate the world of pharmaceuticals and biotechnology with our dedicated category....

Verbal Reasoning

Sharpen your logical thinking and reasoning abilities with our Verbal Reasoning...

Business Statistics

Uncover the power of data analysis with our Business Statistics category. Explore...

Waste Water Engineering

Navigate the challenges of wastewater treatment and management with our Waste Water...