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1. Explain whether the following is True or False A. A comprehensive major medical insurance provides coverage on all types of medical expenses. B. To

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1. Explain whether the following is True or False A. A comprehensive major medical insurance provides coverage on all types of medical expenses. B. To secure the most comprehensive protection, an insured should subscript a medical insurance earlier. C. It is necessary to maintain an emergency fund of 3 to 6 times of the monthly take home pay even if you have a disability income insurance. D. The benefit of an individual disability income insurance is fixed. 2. A medical insurance policy that specifies a $3,500 per illness basis deductible, an 90% co-insurance clause, internal limits of $500 per day on hospital room and board, and $8,000 as the maximum payable surgical fee. If John was hospitalized twice this year and incurred the following spendings. How much compensation can he get from the insurance

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