Question

What is the purpose of medical expenses borne by insurers?

a.

To provide medical treatment to the policyholder

b.

To assess the mortality risk of the life assured

c.

To cover administrative costs

d.

To increase the profitability of the insurer

Answer: (b).To assess the mortality risk of the life assured Explanation:The purpose of medical expenses borne by insurers is to assess the mortality risk of the life assured.

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Q. What is the purpose of medical expenses borne by insurers?

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