IFoA SP1 Practice Questions - IFoA SP1 Health And Care Specialist Principles Exam

A health cash plan most commonly provides which form of benefit?

A waiver of premium during periods of unemployment Full reimbursement of major surgery in private hospitals An indexed annuity for the duration of a chronic illness Fixed cash amounts towards routine everyday health costs up to annual limits

Correct Answer:

Fixed cash amounts towards routine everyday health costs up to annual limits

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