LIFE ACCIDENT AND HEALTH PRACTICE EXAM 17-55
2026: 120+ QUESTIONS AND 100% VERIFIED ANSWERS |
GRADED A+| GUARANTEED PASS!!
A consumer report used to determine eligibility for insurance may include all of
the following EXCEPT
- answer-Medical underwriting exam
A group conversion option may be used in all the following instances EXCEPT
- answer-a life-changing event, such as marriage, divorce, or childbirth
According to the Time Payment of Claims provision, the insurer must make the
payment immediately after receiving proof of loss EXCEPT
- answer-for claims involving periodic payments
All of the following are characteristics of variable whole life EXCEPT
- answer-there is no guaranteed minimum death benefit.
All of the following are classifications of risk EXCEPT
- answer-non-nicotine
All of the following are common exclusions from loss found in disability income
policies EXCEPT for that incurred while
- answer-Committing a misdemeanor
All of the following are ownership rights EXCEPT
- answer-Switching the policy from one insured to another
All of the following are required signatures on a life insurance application
EXCEPT
- answer-The minor in a juvenile policy
All of the following are requirements to qualify for Social Security disability
benefits EXCEPT when
- answer-unable to work in occupation in which the worker was trained or educated
All of the following are tax qualified retirement plans EXCEPT
- answer-Section 529 plan.
, All of the following are TRUE regarding incomplete applications EXCEPT
- answer-The incomplete application can be accepted with the missing information
added later
At which point are contractual death benefit settlement options determined and by
whom are they determined?
- answer-At the time the policy is purchased by the owner of the policy
Compared to basic hospital, medical and surgical policies, which type of insurance
provides broader coverage, fewer gaps, higher individual benefits, and higher
policy maximums?
- answer-major medical insurance
Current assumption whole life policies are sensitive to which of the following?
- answer-interest rates
For an individual long-term care policy there is an annual dollar limit for tax
deductions that is based on which of the following?
- answer-age
How do warranties differ from representations?
- answer-a warranty is guaranteed to be true, a representation is believed to be true
to the best of one's knowledge.
How does a noncancelable policy differ from a guaranteed renewable policy?
- answer-with the non cancelable policy the insurer may increase premiums only
based on the terms of the policy
How long after being entitled to disability benefits will an individual be eligible to
receive Medicare benefits?
- answer-2 years
If the insurer wishes to share an applicant's HIV status, the applicant must be given
full notice of all of the following EXCEPT
- answer-the treatment procedures that are covered by the policy.
In a case where an individual's health is insured by both their own policy and their
spouse's policy, which policy pays in the event of an illness?
2026: 120+ QUESTIONS AND 100% VERIFIED ANSWERS |
GRADED A+| GUARANTEED PASS!!
A consumer report used to determine eligibility for insurance may include all of
the following EXCEPT
- answer-Medical underwriting exam
A group conversion option may be used in all the following instances EXCEPT
- answer-a life-changing event, such as marriage, divorce, or childbirth
According to the Time Payment of Claims provision, the insurer must make the
payment immediately after receiving proof of loss EXCEPT
- answer-for claims involving periodic payments
All of the following are characteristics of variable whole life EXCEPT
- answer-there is no guaranteed minimum death benefit.
All of the following are classifications of risk EXCEPT
- answer-non-nicotine
All of the following are common exclusions from loss found in disability income
policies EXCEPT for that incurred while
- answer-Committing a misdemeanor
All of the following are ownership rights EXCEPT
- answer-Switching the policy from one insured to another
All of the following are required signatures on a life insurance application
EXCEPT
- answer-The minor in a juvenile policy
All of the following are requirements to qualify for Social Security disability
benefits EXCEPT when
- answer-unable to work in occupation in which the worker was trained or educated
All of the following are tax qualified retirement plans EXCEPT
- answer-Section 529 plan.
, All of the following are TRUE regarding incomplete applications EXCEPT
- answer-The incomplete application can be accepted with the missing information
added later
At which point are contractual death benefit settlement options determined and by
whom are they determined?
- answer-At the time the policy is purchased by the owner of the policy
Compared to basic hospital, medical and surgical policies, which type of insurance
provides broader coverage, fewer gaps, higher individual benefits, and higher
policy maximums?
- answer-major medical insurance
Current assumption whole life policies are sensitive to which of the following?
- answer-interest rates
For an individual long-term care policy there is an annual dollar limit for tax
deductions that is based on which of the following?
- answer-age
How do warranties differ from representations?
- answer-a warranty is guaranteed to be true, a representation is believed to be true
to the best of one's knowledge.
How does a noncancelable policy differ from a guaranteed renewable policy?
- answer-with the non cancelable policy the insurer may increase premiums only
based on the terms of the policy
How long after being entitled to disability benefits will an individual be eligible to
receive Medicare benefits?
- answer-2 years
If the insurer wishes to share an applicant's HIV status, the applicant must be given
full notice of all of the following EXCEPT
- answer-the treatment procedures that are covered by the policy.
In a case where an individual's health is insured by both their own policy and their
spouse's policy, which policy pays in the event of an illness?
