Accident and Health Insurance Exam Questions And
Correct Answers(verified)
1. H has suffered a covered disability away from her job and will shortly
begin collecting benefits. The insurer sends a letter to H stating that she will
not receive any benefit amounts greater than her income. This clause is
known as:
A: Over-insurance
clause B: free look
C: relation of earning to insurance
D: relation of economic value: C: relation of earning to insurance
2. The insured should be aware of the issue date upon delivery a policy
and the date should be listed on:
,A: the policy summary
B: the first page of the
contract C: the delivery receipt
D: upon conditional receipt: B: the first page of the contract
3. The policy has all of the following rights EXCEPT:
A: Right to solely renew a guaranteed renewable
policy. B: Right to terminate a policy
C: Unilateral right to renew an Optionally renewable policy
D: Right to assign a contract: C: Unilateral right to renew an Optionally
renewable policy
4. The part of a contract that specifies which expenses may or may not
be covered is known as the:
A: Exclusion
B: Eligible Expense
provision C: Insuring
,Agreement
D: Consideration Clause: B: Eligible Expense provision
5. Which of the following is considered to be a mandatory provision in a
health policy?
A: Time Limit on Certain Defenses
B: Change of Occupation
C: Illegal Occupation
D: Intoxicant/Narcotic Usage: A: Time Limit on Certain Defenses
6. Which of the following may be considered an eligible expense found
in a health policy?
A: Cosmetic Surgery
B: Premium
payment C: cold
cream
D: Bus fare to receive treatment for a covered loss: D: Bus fare to
, receive treatment for a covered loss
Correct Answers(verified)
1. H has suffered a covered disability away from her job and will shortly
begin collecting benefits. The insurer sends a letter to H stating that she will
not receive any benefit amounts greater than her income. This clause is
known as:
A: Over-insurance
clause B: free look
C: relation of earning to insurance
D: relation of economic value: C: relation of earning to insurance
2. The insured should be aware of the issue date upon delivery a policy
and the date should be listed on:
,A: the policy summary
B: the first page of the
contract C: the delivery receipt
D: upon conditional receipt: B: the first page of the contract
3. The policy has all of the following rights EXCEPT:
A: Right to solely renew a guaranteed renewable
policy. B: Right to terminate a policy
C: Unilateral right to renew an Optionally renewable policy
D: Right to assign a contract: C: Unilateral right to renew an Optionally
renewable policy
4. The part of a contract that specifies which expenses may or may not
be covered is known as the:
A: Exclusion
B: Eligible Expense
provision C: Insuring
,Agreement
D: Consideration Clause: B: Eligible Expense provision
5. Which of the following is considered to be a mandatory provision in a
health policy?
A: Time Limit on Certain Defenses
B: Change of Occupation
C: Illegal Occupation
D: Intoxicant/Narcotic Usage: A: Time Limit on Certain Defenses
6. Which of the following may be considered an eligible expense found
in a health policy?
A: Cosmetic Surgery
B: Premium
payment C: cold
cream
D: Bus fare to receive treatment for a covered loss: D: Bus fare to
, receive treatment for a covered loss
