MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Provides money to pay for health care for illness, injury, or, in some cases, preventative care
A
automobile insurance
B
disability insurance
C
health insurance
D
personal insurance
Explanation: 

Detailed explanation-1: -Care Health Insurance Limited (formerly Religare Health Insurance Company Limited) is an Indian health insurance company established in July 2012. It is part of the Religare Group and a direct subsidiary of Religare Enterprises.

Detailed explanation-2: -The policyholder pays a certain amount called ‘premium’ to the insurance company against which the latter provides insurance cover. The insurer assures that it shall cover the policyholder’s losses subject to certain terms and conditions. Premium payment decides the assured sum for insurance coverage or ‘policy limit’.

Detailed explanation-3: -Care Health Insurance (Formerly Known As Religare Health Insurance) Care Health Insurance (Formerly Known As Religare Health Insurance) is a specialized health insurance company in India. It is a direct subsidiary of Religare Enterprises Limited.

There is 1 question to complete.