CIP 03 Flashcards

1
Q

a health insurance contract that provides cover for 66% or more of the full cost for hospital charges in a private hospital

A

advanced cover

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2
Q

where driving is a permanent aspect of the policyholder’s job and they are selling goods or services while on the road

A

commercial travelling

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3
Q

private health insurance principle that cross-subsidises the cost of private medical insurance from young to old and, to some degree, male to female

A

community rating

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