KENTUCKY HEALTH UPDATED TEST PAPER QUESTIONS
AND ANSWERS GRADED A+
✔✔Twisting - ✔✔Through misrepresenting the facts, inducing an individual to lapse a
policy with one company and buy from another
✔✔REcurrent Disability - ✔✔Disability due to the same or related cause
✔✔Admitted Company - ✔✔Licensed to sell insurance in a state
✔✔Provided by Hosptial Policy - ✔✔Lab Fees, x rays, and hosptial room and board
✔✔Entire Contract - ✔✔Policy, its endorsements, a copy of the app, if attached, and a
copy of any other attached papers
✔✔Prepaid - ✔✔Basis on which HMO provide health care
✔✔Rebating - ✔✔When an insurer reduces the premium rates in orer to persuade the
client to purchase the insurance
✔✔Principle Sum - ✔✔sum specified in the policy payable for loss of life caused by
accident
✔✔Unearned Premiums - ✔✔Premium amounts that cover the time for which protection
has not yet been provided.
✔✔Cancelable Policy - ✔✔Policy which the company may cancel at any time by
returning the unearned premium
✔✔Proof of loss must never be recieved later than - ✔✔one year from the date
otherwise required, unless the insured suffers legal incapacity
✔✔Medical Information Bureau - ✔✔1. nonprofit agency supported by life to aid in
underwriting.
2. Supplies member companies with info concerning insurability.
3. Must be authorized by the applicant to give info to member companies
✔✔Corridor Deductible - ✔✔payment the insured makes between the basic policy and
the major medical part
✔✔Rider - ✔✔Insured has an agreement attached to the policy that alters the coverage
provided
AND ANSWERS GRADED A+
✔✔Twisting - ✔✔Through misrepresenting the facts, inducing an individual to lapse a
policy with one company and buy from another
✔✔REcurrent Disability - ✔✔Disability due to the same or related cause
✔✔Admitted Company - ✔✔Licensed to sell insurance in a state
✔✔Provided by Hosptial Policy - ✔✔Lab Fees, x rays, and hosptial room and board
✔✔Entire Contract - ✔✔Policy, its endorsements, a copy of the app, if attached, and a
copy of any other attached papers
✔✔Prepaid - ✔✔Basis on which HMO provide health care
✔✔Rebating - ✔✔When an insurer reduces the premium rates in orer to persuade the
client to purchase the insurance
✔✔Principle Sum - ✔✔sum specified in the policy payable for loss of life caused by
accident
✔✔Unearned Premiums - ✔✔Premium amounts that cover the time for which protection
has not yet been provided.
✔✔Cancelable Policy - ✔✔Policy which the company may cancel at any time by
returning the unearned premium
✔✔Proof of loss must never be recieved later than - ✔✔one year from the date
otherwise required, unless the insured suffers legal incapacity
✔✔Medical Information Bureau - ✔✔1. nonprofit agency supported by life to aid in
underwriting.
2. Supplies member companies with info concerning insurability.
3. Must be authorized by the applicant to give info to member companies
✔✔Corridor Deductible - ✔✔payment the insured makes between the basic policy and
the major medical part
✔✔Rider - ✔✔Insured has an agreement attached to the policy that alters the coverage
provided
