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Insurance MCQ Questions and Solutions with Explanations | Commerce

Insurance MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Insurance MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-8 section-10

Each section contains 100 MCQs on Insurance .
71
In costumer relationship the first impression is created
Discuss
Answer & Solution
Answer: Option D
Solution:
In costumer relationship the first impression is created By being on time, showing interest and being confident.
72
Which of the below tips are useful making a good first impression?
Discuss
Answer & Solution
Answer: Option D
Solution:
Being on time always, Presenting yourself appropriately, Being open, confident and positive tips are useful making a good first impression.
73
Which is a fixed amount for a covered service in the health sector?
Discuss
Answer & Solution
Answer: Option C
Solution:
A copayment or copay is a fixed amount for a covered service, paid by a patient to the insurance company before patient receives service from physician.
74
A deductible is usually mentioned in
Discuss
Answer & Solution
Answer: Option B
Solution:
A deductible is usually mentioned in Dollar. Often, the deductible on your insurance plan will be a concrete dollar amount, but there are notable exceptions.