Kentucky Health Insurance exam study guide with
complete solution RATED A+ 2025/2026 NEW
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 - 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. - 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 -
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 - 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 - 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 -
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 - 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. - 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 -
Answers B. 30
Which type of dental care would cover operative treatment of the mouth? A. Endodontics B.
Orthodontics C. Oral surgery D. Restoratvie - 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. -
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 income. D. An employee's group medical benefits are generally exempt from
complete solution RATED A+ 2025/2026 NEW
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 - 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. - 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 -
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 - 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 - 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 -
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 - 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. - 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 -
Answers B. 30
Which type of dental care would cover operative treatment of the mouth? A. Endodontics B.
Orthodontics C. Oral surgery D. Restoratvie - 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. -
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 income. D. An employee's group medical benefits are generally exempt from
