CCTC PACKAGE DEAL STUDY GUIDE 2026
QUESTIONS WITH CORRECT ANSWERS
GRADED A+
⩥ What always remains constant in a Level Term Life Policy? Answer:
Death benefit
⩥ Insurance contract part with promise to pay losses covered by policy
Answer: Insuring clause
⩥ Home Healthcare Benefit: Eligible expenses EXCEPT Answer: Blood
transfusions
⩥ Noncontributory Plans: Percentage of eligible members must
participate Answer: 1
⩥ How are issues of ambiguity resolved in insurance contracts? Answer:
In favor of insured as contracts of adhesion
⩥ Why is Accidental Death Benefit called Double Indemnity? Answer:
Provides twice face value for accident death
, ⩥ Rider reimbursing health and social service expenses in nursing home
Answer: Long Term Care Rider
⩥ Life and Health Insurance Contracts: Contain all EXCEPT Answer:
Representations
⩥ Requirements for Social Security Disability Benefits Answer: Unable
to work in trained or educated occupation
⩥ Order of Beneficiaries Proceeds from Life Insurance Policy Answer:
Succession of Beneficiaries
⩥ Tax-Deductible Premiums for Group Disability Insurance Answer:
Premiums paid by company as business expense
⩥ Annuity Settlement Option: Monthly Amount to Annuitant Answer:
Joint and Survivorship Option
⩥ Policy Type with Double Indemnity Answer: Accidental Death
⩥ Eligibility for Medicare Benefits after Disability Benefits Answer: 2
years
QUESTIONS WITH CORRECT ANSWERS
GRADED A+
⩥ What always remains constant in a Level Term Life Policy? Answer:
Death benefit
⩥ Insurance contract part with promise to pay losses covered by policy
Answer: Insuring clause
⩥ Home Healthcare Benefit: Eligible expenses EXCEPT Answer: Blood
transfusions
⩥ Noncontributory Plans: Percentage of eligible members must
participate Answer: 1
⩥ How are issues of ambiguity resolved in insurance contracts? Answer:
In favor of insured as contracts of adhesion
⩥ Why is Accidental Death Benefit called Double Indemnity? Answer:
Provides twice face value for accident death
, ⩥ Rider reimbursing health and social service expenses in nursing home
Answer: Long Term Care Rider
⩥ Life and Health Insurance Contracts: Contain all EXCEPT Answer:
Representations
⩥ Requirements for Social Security Disability Benefits Answer: Unable
to work in trained or educated occupation
⩥ Order of Beneficiaries Proceeds from Life Insurance Policy Answer:
Succession of Beneficiaries
⩥ Tax-Deductible Premiums for Group Disability Insurance Answer:
Premiums paid by company as business expense
⩥ Annuity Settlement Option: Monthly Amount to Annuitant Answer:
Joint and Survivorship Option
⩥ Policy Type with Double Indemnity Answer: Accidental Death
⩥ Eligibility for Medicare Benefits after Disability Benefits Answer: 2
years
