Life, Accident and Health or Sickness
Examination
A Long Term care insurance rider can include coverage for all of the following
EXCEPT :
Hospital acute care
Which statement best describes a life insurance policy dividend ?
Legally defined as a return of excess premium and not taxable.
Which of the following information is not required to be communicated in a
life insurance contract?
Personal judgment
When are parties to a contract required to communicate information solely
based on personal judgment for a matter in question?
Never
After the deductible is paid , what percentage of the balance of approved
charge does Medicare part A pay ?
80%
,Medicare Part A provides coverage for all of the following , EXCEPT :
Physician services
Benefits under social security are available only for workers who are
Fully insured ( 40 quarters of coverage )
For social security purpose , a person with 40 quarters of coverage is
considered.
Fully insured ( 40 quarters of coverage )
Who are members of the Medical information bureau ?
Life and health insurers ( life and health insurance companies )
Which of the following is the best definition of premium ?
Money the insured pays the insurer to obtain the benefits in the policy .
What rule is used to determine the importance of a representation ?
The materiality of concealment
The theory of probability is applied to life insurance through the use of
,Mortality tables
In health insurance , the result of a rise in the morbidity rate is :
Increased premium
In the absence of a coordination of benefits clause , all of the following
circumstance might result in recovery of more than 100 % of actual health care
expense EXCEPT
A worker's medical plan included a carryover deductible provision
An individual is allowed to enroll in individual health insurance under the
following circumstances EXCEPT
Within 30 days of being diagnosed with an illness
Which policy covering two or more individuals pays the face amount only when
the first person dies ?
Joint life policy
The acts that are reasonably necessary to the duties expressly authorized
would be covered by an agent's
Implied authority
, Which type of insurance guarantees the right to renew the policy each year ,
regardless of health , but increased premiums
individuals the duties right Renewable term
Life insurance policies written without a physical examination are called :
Non - medical
Part - time nursing care that follows a hospitalization and can be provided in a
patient's home is covered under
Home health care benefits
Regarding the Health Benefit Exchanges , as created by PPACA , all of the
following statements are true EXCEPT
An individual enrolling in a bronze level plan is not eligible for reduced cost
sharing
An attempt by an agent to deter an insured from replacing an existing life
insurance policy is called :
Conservation
All of the following statements are true regarding Health Insurance Counseling
Advocacy program HICAP counselors EXCEPT
Are qualified to give legal advice
Examination
A Long Term care insurance rider can include coverage for all of the following
EXCEPT :
Hospital acute care
Which statement best describes a life insurance policy dividend ?
Legally defined as a return of excess premium and not taxable.
Which of the following information is not required to be communicated in a
life insurance contract?
Personal judgment
When are parties to a contract required to communicate information solely
based on personal judgment for a matter in question?
Never
After the deductible is paid , what percentage of the balance of approved
charge does Medicare part A pay ?
80%
,Medicare Part A provides coverage for all of the following , EXCEPT :
Physician services
Benefits under social security are available only for workers who are
Fully insured ( 40 quarters of coverage )
For social security purpose , a person with 40 quarters of coverage is
considered.
Fully insured ( 40 quarters of coverage )
Who are members of the Medical information bureau ?
Life and health insurers ( life and health insurance companies )
Which of the following is the best definition of premium ?
Money the insured pays the insurer to obtain the benefits in the policy .
What rule is used to determine the importance of a representation ?
The materiality of concealment
The theory of probability is applied to life insurance through the use of
,Mortality tables
In health insurance , the result of a rise in the morbidity rate is :
Increased premium
In the absence of a coordination of benefits clause , all of the following
circumstance might result in recovery of more than 100 % of actual health care
expense EXCEPT
A worker's medical plan included a carryover deductible provision
An individual is allowed to enroll in individual health insurance under the
following circumstances EXCEPT
Within 30 days of being diagnosed with an illness
Which policy covering two or more individuals pays the face amount only when
the first person dies ?
Joint life policy
The acts that are reasonably necessary to the duties expressly authorized
would be covered by an agent's
Implied authority
, Which type of insurance guarantees the right to renew the policy each year ,
regardless of health , but increased premiums
individuals the duties right Renewable term
Life insurance policies written without a physical examination are called :
Non - medical
Part - time nursing care that follows a hospitalization and can be provided in a
patient's home is covered under
Home health care benefits
Regarding the Health Benefit Exchanges , as created by PPACA , all of the
following statements are true EXCEPT
An individual enrolling in a bronze level plan is not eligible for reduced cost
sharing
An attempt by an agent to deter an insured from replacing an existing life
insurance policy is called :
Conservation
All of the following statements are true regarding Health Insurance Counseling
Advocacy program HICAP counselors EXCEPT
Are qualified to give legal advice
