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    Question

    As per the Insurance Act what is "health insurance business"?

    A Health insurance business includes contracts providing coverage exclusively for in-patient hospital expenses and does not cover out-patient treatments or travel-related expenses Correct Answer Incorrect Answer
    B Health insurance business refers to contracts providing coverage for medical, surgical, and hospital expenses, including in-patient, out-patient, travel cover, and personal accident cover Correct Answer Incorrect Answer
    C Health insurance business is limited to contracts that offer only personal accident cover and excludes sickness benefits and hospital expense coverage Correct Answer Incorrect Answer
    D Health insurance business encompasses contracts that provide sickness benefits and personal accident cover but does not include medical, surgical, or travel-related expenses Correct Answer Incorrect Answer
    E Health insurance business involves contracts for travel cover and personal accident insurance but excludes sickness and hospital expense benefits Correct Answer Incorrect Answer

    Solution

    Health insurance business refers to contracts providing coverage for medical, surgical, and hospital expenses, including in-patient, out-patient, travel cover, and personal accident cover.

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