n NISM Certifications
NSM General NISM
Medium

Why are pre-existing diseases not covered under insurance?

Practice question from IC 38 Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Insurance covers only unexpected accidents and diseases

  2. B

    Covering pre-existing diseases would be unfair to healthy individuals

  3. C

    It goes against the principle of creating risk pools for similar risks

  4. All of the above

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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