Question: 1. Explain whether the following is True or False A. A comprehensive major medical insurance provides coverage on all types of medical expenses. B. To
1. Explain whether the following is True or False A. A comprehensive major medical insurance provides coverage on all types of medical expenses. B. To secure the most comprehensive protection, an insured should subscript a medical insurance earlier. C. It is necessary to maintain an emergency fund of 3 to 6 times of the monthly take home pay even if you have a disability income insurance. D. The benefit of an individual disability income insurance is fixed. 2. A medical insurance policy that specifies a $3,500 per illness basis deductible, an 90% co-insurance clause, internal limits of $500 per day on hospital room and board, and $8,000 as the maximum payable surgical fee. If John was hospitalized twice this year and incurred the following spendings. How much compensation can he get from the insurance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
