BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The policy holder or subscriber
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Fee paid for the health insurance
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The insurance company
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A person designated to receive the benefits of an insurance policy
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Detailed explanation-1: -insured: Who is “the insured”? “Insured” refers to anyone covered under an insurance policy. As the policyholder, you almost always fall into this category.
Detailed explanation-2: -2) The insured is the person whose life is being covered against the risk under the policy. 3) The insurer is the insurance company that provides the insurance cover. 4) The proposer is the person who takes the cover and is also called the policyholder.
Detailed explanation-3: -Definitions of insured person. a person whose interests are protected by an insurance policy; a person who contracts for an insurance policy that indemnifies him against loss of property or life or health etc. synonyms: insured. type of: individual, mortal, person, somebody, someone, soul. a human being.