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Examveda

A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependants is called _________

A. Hospital Insurance

B. Hull Insurance

C. Group Insurance

D. Identity theft Insurance

Answer: Option C

Solution(By Examveda Team)

A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependants is called Group Insurance. A group insurance policy gives you advantages of standardised coverage and very competitive premium rates.

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Related Questions on Insurance

A standalone health insurance company is

A. A health insurance company which has only one office throughout the country

B. A life insurance company selling general insurance products like health insurance

C. A general insurance company which sells only health products

D. All of the above