Kentucky Health Insurance exam study
EXAM QUESTIONS AND ANSWERS
(LATEST UPDATE 2026) VERIFIED
ANSWERS (100% QUESTIONS)
The full premium was submitted with the application for life insurance, and the policy was issued two
weeks later as requested. When does the policy become effective? A. as of the application date
B. As of the policy delivery date
C. As of the first of the month after the policy issue date
D. As of the policy issue date - CORRECT ANSWERS A. As of the application date
All of the following are true about group disability income insurance EXCEPT: A. The waiting period
starts at the onset of the injury or sickness.
B. The longer the waiting period, the lower the premium.
C. Coverage applies both on and off the job.
D. Benefits are usually short term. - CORRECT ANSWERS C. Coverage applies both on and off
the job.
Under the age discrimination in employment act, if the obligation of the employer to provide retiree
health benefits, what will an individual younger than 65 receive in benefits each year? A. one-fourth of
the benefits required under the social security act. B. at least 10,000. C. At least the value of the Social
Security Benefits. D. The minimum established by the employer - CORRECT ANSWERS C. At
least the value of the Social Security benefits
Disability income policies can provide coverage for a loss of income when returning to work only part-
time after recovering from total disability. What is the benefit that is based on the insured's loss of
earnings after recovery from a disability? A. recurrent disability B. partial disability C. income
replacement D. Residual disability - CORRECT ANSWERS D. Residual disability
, A producer is acting in what capacity when he or she is trying to obtain credible information about an
applicant for health insurance? A. office underwriter B. General agent C. Consumer report investigator
D. Field underwriter - CORRECT ANSWERS D. Field underwriter
Which of the following riders would NOT increase the premium for a policyowner? A. impairment rider
B. payor benefit rider C. Waiver of premium rider D. Multiple indemnity rider - CORRECT ANSWERS
A. impairment rider
An insured wants to name her husband as the beneficiary of her health policy. She also wishes to retain
all of the rights of ownership. The insured should have her husband named as what type of beneficiary?
A. Contingent B. Irrevocable C. Revocable D. Primary - CORRECT ANSWERS C. Revocable
Guarantee of insurability option in long-term care policies allows the insured to: A. Secure the policy's
nonforfeiture values regardless of the insured's age or health status. A. Secure the policy's value
regardless of the insured's age or health status. B. Increase benefit levels without providing proof of
insurability. C. Add dependents to the plan without providing proof of their insurability. D. Replace the
existing LTC policy based on the original underwriting. - CORRECT ANSWERS B. Increase
benefit levels without providing proof of insurability.
What is the maximum age for qualifying for a catastrophic plan? A. 26 B. 30 C. 45 D. 62 - CORRECT
ANSWERS B. 30
Which type of dental care would cover operative treatment of the mouth? A. Endodontics B.
Orthodontics C. Oral surgery D. Restoratvie - CORRECT ANSWERS C. Oral surgery
Under a key person disability income policy, premium payments... A. Are made by the business and are
tax-deductible B. Are made by the business and are not tax deductible. C. Are made by the employee
and are not tax deductible D. Are made by the employee and are tax free. - CORRECT ANSWERS
B. Are made by the business and are not tax deductible.
Premium payments for personally-owned disability income policies are... A. Tax deductible to the extent
that they exceed 10% of the adjusted gross income of those itemizing deductions. B. When the
premiums and other unreimbursed medical expenses exceed 5% of the employee's adjusted gross
EXAM QUESTIONS AND ANSWERS
(LATEST UPDATE 2026) VERIFIED
ANSWERS (100% QUESTIONS)
The full premium was submitted with the application for life insurance, and the policy was issued two
weeks later as requested. When does the policy become effective? A. as of the application date
B. As of the policy delivery date
C. As of the first of the month after the policy issue date
D. As of the policy issue date - CORRECT ANSWERS A. As of the application date
All of the following are true about group disability income insurance EXCEPT: A. The waiting period
starts at the onset of the injury or sickness.
B. The longer the waiting period, the lower the premium.
C. Coverage applies both on and off the job.
D. Benefits are usually short term. - CORRECT ANSWERS C. Coverage applies both on and off
the job.
Under the age discrimination in employment act, if the obligation of the employer to provide retiree
health benefits, what will an individual younger than 65 receive in benefits each year? A. one-fourth of
the benefits required under the social security act. B. at least 10,000. C. At least the value of the Social
Security Benefits. D. The minimum established by the employer - CORRECT ANSWERS C. At
least the value of the Social Security benefits
Disability income policies can provide coverage for a loss of income when returning to work only part-
time after recovering from total disability. What is the benefit that is based on the insured's loss of
earnings after recovery from a disability? A. recurrent disability B. partial disability C. income
replacement D. Residual disability - CORRECT ANSWERS D. Residual disability
, A producer is acting in what capacity when he or she is trying to obtain credible information about an
applicant for health insurance? A. office underwriter B. General agent C. Consumer report investigator
D. Field underwriter - CORRECT ANSWERS D. Field underwriter
Which of the following riders would NOT increase the premium for a policyowner? A. impairment rider
B. payor benefit rider C. Waiver of premium rider D. Multiple indemnity rider - CORRECT ANSWERS
A. impairment rider
An insured wants to name her husband as the beneficiary of her health policy. She also wishes to retain
all of the rights of ownership. The insured should have her husband named as what type of beneficiary?
A. Contingent B. Irrevocable C. Revocable D. Primary - CORRECT ANSWERS C. Revocable
Guarantee of insurability option in long-term care policies allows the insured to: A. Secure the policy's
nonforfeiture values regardless of the insured's age or health status. A. Secure the policy's value
regardless of the insured's age or health status. B. Increase benefit levels without providing proof of
insurability. C. Add dependents to the plan without providing proof of their insurability. D. Replace the
existing LTC policy based on the original underwriting. - CORRECT ANSWERS B. Increase
benefit levels without providing proof of insurability.
What is the maximum age for qualifying for a catastrophic plan? A. 26 B. 30 C. 45 D. 62 - CORRECT
ANSWERS B. 30
Which type of dental care would cover operative treatment of the mouth? A. Endodontics B.
Orthodontics C. Oral surgery D. Restoratvie - CORRECT ANSWERS C. Oral surgery
Under a key person disability income policy, premium payments... A. Are made by the business and are
tax-deductible B. Are made by the business and are not tax deductible. C. Are made by the employee
and are not tax deductible D. Are made by the employee and are tax free. - CORRECT ANSWERS
B. Are made by the business and are not tax deductible.
Premium payments for personally-owned disability income policies are... A. Tax deductible to the extent
that they exceed 10% of the adjusted gross income of those itemizing deductions. B. When the
premiums and other unreimbursed medical expenses exceed 5% of the employee's adjusted gross
