Identify the term of insurance that is depicted in the following

Identify the term of insurance that is depicted in the following scenario. Scenario: patient pays the health provider and is subsequently reimbursed by the health insurance company.

A. Service Benefit

B. Direct Contracting

C. Indemnity

D. Casualty

Answer: Option C

Solution (By Examveda Team)

Indemnity insurance protects against claims arising from possible negligence or failure to perform that result in a client's financial loss or legal entanglement.

When was the Oriental Life Insurance Company established?

A. 1815

B. 1818

C. 1821

D. 1833

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Identify the term of insurance that is depicted in the following scenario. Scenario: patient pays the health provider and is subsequently reimbursed by the health insurance company.

Solution (By Examveda Team)

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Identify the term of insurance that is depicted in the following...

Identify the term of insurance that is depicted in the following scenario. Scenario: patient pays the health provider and is subsequently reimbursed by the health insurance company.

Solution (By Examveda Team)

Join The Discussion

Read More: MCQ Type Questions and Answers