HEALTH INSURANCE FLORIDA 2-40 PRACTICE
EXAM QUESTIONS #1 - MIXED
1. Which of the following laws requires an insurer to notify an applicant in writing
that an investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
Answer -
Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
2. Group health insurance specifies that what percentage of eligible individuals
MUST be offered coverage under a noncontributory plan?
-25
-50
-75
,-100
Answer 100
3. Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted
Answer At the inception of the policy
4. When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once every
-month
-three months
-six months
-year
Answer month
,5. M and N own a small interior design studio that employs six people. The owners
are concerned about the financial continuation of the business if either of them should
become permanently disabled. In this situation, a producer would MOST likely
recommend which of the following types of contracts?
-Basic Hospital
-Disability Buy-Out
, -Comprehensive Major Medical
-Short-Term Disability Income
Answer Disability Buy-Out
6. Which of the following health policies requires a beneficiary designation?
-Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care
Answer Travel Accident
7. Suicide, pre-existing conditions and self-inflicted injuries are dealt with in which
of the following policy features?
-Extensions of coverage
-Benefits clause
-Riders
-Exclusions
EXAM QUESTIONS #1 - MIXED
1. Which of the following laws requires an insurer to notify an applicant in writing
that an investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
Answer -
Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
2. Group health insurance specifies that what percentage of eligible individuals
MUST be offered coverage under a noncontributory plan?
-25
-50
-75
,-100
Answer 100
3. Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted
Answer At the inception of the policy
4. When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once every
-month
-three months
-six months
-year
Answer month
,5. M and N own a small interior design studio that employs six people. The owners
are concerned about the financial continuation of the business if either of them should
become permanently disabled. In this situation, a producer would MOST likely
recommend which of the following types of contracts?
-Basic Hospital
-Disability Buy-Out
, -Comprehensive Major Medical
-Short-Term Disability Income
Answer Disability Buy-Out
6. Which of the following health policies requires a beneficiary designation?
-Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care
Answer Travel Accident
7. Suicide, pre-existing conditions and self-inflicted injuries are dealt with in which
of the following policy features?
-Extensions of coverage
-Benefits clause
-Riders
-Exclusions
