Gce Model Questions Vol1 2024 Commerce Question 9
Practice objective / multiple choice question 9 from the 2024 Gce Model Questions Vol1 Commerce examination.
A health insurance policy has an annual premium of \(£1,200\). In a particular year the policyholder incurs medical expenses of \(£5,000\). The policy applies a deductible of \(£200\) per claim and a co‑payment of 20% on the amount exceeding the deductible. How much will the insurer reimburse for that year?
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About This Question
This is Gce Model Questions Vol1 2024 Commerce Question 9. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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