Multiple choice general knowledge

What is a blanket policy?

  1. Accounts offered by employers to let employees set aside pretax dollars to pay for insurance premiums

  2. A health insurance contract that protects all members of a certain group against a specific hazard

  3. The warmest of all insurance policies

  4. Alliances between physicians and hospitals to help providers attain market share
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A blanket policy is a type of insurance contract that covers all members of a specific group (like employees of a company or students at a school) against specific risks without requiring individual applications for every person.

Keep practicing — related questions