Questions: All of the following statements about Major Medical benefits are true, EXCEPT: A. Benefits have no maximum limit B. The deductible can be expressed as a fixed dollar amount C. The benefit period begins only after a specified amount of expenses have accrued D. Benefits are generally expressed as a percentage of eligible expenses

The answer is the first one (A): Benefits have no maximum limit.

Explanation for each option:

A. Benefits have no maximum limit - This statement is incorrect. Major Medical insurance plans often have maximum limits on the benefits they will pay out, either annually or over the lifetime of the policy. Therefore, this is the correct choice for the "EXCEPT" question.

B. The deductible can be expressed as a fixed dollar amount - This statement is correct. Major Medical plans typically have a deductible that the insured must pay before the insurance company begins to pay benefits, and this deductible is often expressed as a fixed dollar amount.

C. The benefit period begins only after a specified amount of expenses have accrued - This statement is correct. In Major Medical plans, the benefit period often begins after the insured has incurred a certain amount of expenses, which is typically the deductible.

D. Benefits are generally expressed as a percentage of eligible expenses - This statement is correct. Major Medical insurance usually covers a percentage of eligible expenses, such as 80%, after the deductible has been met.

In summary, option A is the exception because Major Medical benefits typically do have maximum limits.