Georgia Life, Health & Accident Insurance Exam
Study guide | 2026/2027 Update | Complete Study
Guide | Verified Questions & Answers | 100%
Correct Solutions | Grade A
Q: Accident
Answer
An unplanned unforeseen event which occurs suddenly at an unspecified place
Q: Accident insurance
Answer
A type of insurance that protects the insured against loss due to an accidental bodily injury
Q: Accidental bodily injury
Answer
Unplanned unforseen traumatic injury to the body
Q: Accidental Death and Dismemberment
Answer
An insurance policy which pays a specified number or specified multiple of the insurer's benefit
if the insured dies, loses his/her sight, or loses two limbs due to an accident.
,Q: Acquired Immunodeficiency Symdrome
Answer
An infectious and incurable disease caused by the human immunodeficiency virus (hiv)
Q: Activities of daily living
Answer
Activities individuals must do every day such as moving about, getting dressed, eating, bathing,
etc.
Q: Actual charge
Answer
The amount a physician or supplier actually bills for a particular service or supply.
Q: Adhesion
Answer
A contract offered on a "take it or leave it" basis by an insured, in which the insured's only option
is to accept or reject the contract. Any ambiguities in the contract will be settled in favor of the
imsured.
Q: Admitted (Authorized) Insurer
Answer
An insurance company authorized and licensed to transact business in a particular state.
,Q: Adult Day Care
Answer
A program for impaired adults that attempts to meet their health, social, and functional needs in a
setting away from their homes.
Q: Adverse Selection
Answer
The tendency of risks witha higher probability of loss to purchase and maintain insurance more
often than the risks who present lower probability
Q: Agent
Answer
An individual who is licensed to sell, negotiate, or effect insurance contracts on behalf of an
insurer.
Q: Aleatory
Answer
A contract in which participating parties exchange unequal amounts. Insurance contracts are
aleatory in that the amount the insured will pay in premiums is unequal to the amount the insurer
will pay in the event of a loss.
, Q: Alien Insurer
Answer
An insurance company that is incorporated outside the United States.
Q: Alzheimer's Disease
Answer
A disease that causes the victim to become dysfunctional due to degeneration of brain cells and
severe memory loss.
Q: Ancillary
Answer
Additional, miscellaneous services provided by a hospital, such as x-rays, anesthesia, and lab
work, but not hospital room and board expenses.
Q: Apparent Authority
Answer
The appearance or the assumption of authority based on the actions, words, or deeds of the
principal or because of circumstances the principal created.
Q: Approved Amount
Answer
Study guide | 2026/2027 Update | Complete Study
Guide | Verified Questions & Answers | 100%
Correct Solutions | Grade A
Q: Accident
Answer
An unplanned unforeseen event which occurs suddenly at an unspecified place
Q: Accident insurance
Answer
A type of insurance that protects the insured against loss due to an accidental bodily injury
Q: Accidental bodily injury
Answer
Unplanned unforseen traumatic injury to the body
Q: Accidental Death and Dismemberment
Answer
An insurance policy which pays a specified number or specified multiple of the insurer's benefit
if the insured dies, loses his/her sight, or loses two limbs due to an accident.
,Q: Acquired Immunodeficiency Symdrome
Answer
An infectious and incurable disease caused by the human immunodeficiency virus (hiv)
Q: Activities of daily living
Answer
Activities individuals must do every day such as moving about, getting dressed, eating, bathing,
etc.
Q: Actual charge
Answer
The amount a physician or supplier actually bills for a particular service or supply.
Q: Adhesion
Answer
A contract offered on a "take it or leave it" basis by an insured, in which the insured's only option
is to accept or reject the contract. Any ambiguities in the contract will be settled in favor of the
imsured.
Q: Admitted (Authorized) Insurer
Answer
An insurance company authorized and licensed to transact business in a particular state.
,Q: Adult Day Care
Answer
A program for impaired adults that attempts to meet their health, social, and functional needs in a
setting away from their homes.
Q: Adverse Selection
Answer
The tendency of risks witha higher probability of loss to purchase and maintain insurance more
often than the risks who present lower probability
Q: Agent
Answer
An individual who is licensed to sell, negotiate, or effect insurance contracts on behalf of an
insurer.
Q: Aleatory
Answer
A contract in which participating parties exchange unequal amounts. Insurance contracts are
aleatory in that the amount the insured will pay in premiums is unequal to the amount the insurer
will pay in the event of a loss.
, Q: Alien Insurer
Answer
An insurance company that is incorporated outside the United States.
Q: Alzheimer's Disease
Answer
A disease that causes the victim to become dysfunctional due to degeneration of brain cells and
severe memory loss.
Q: Ancillary
Answer
Additional, miscellaneous services provided by a hospital, such as x-rays, anesthesia, and lab
work, but not hospital room and board expenses.
Q: Apparent Authority
Answer
The appearance or the assumption of authority based on the actions, words, or deeds of the
principal or because of circumstances the principal created.
Q: Approved Amount
Answer
