EXAMFX QUESTIONS WITH CORRECT
ANSWERS { GRADED A+}
Which of the following is true about the requirement regarding HIV
exams? - ✔✔The applicant must give prior informed written consent
An agent makes a mistake on the application and then corrects his
mistake by physically entering the necessary information who must then
initial that change - ✔✔Applicant
Nancy has an illness that requires significant medical attention Kevin
and Nancy decide to legally separate eligible for health insurance
coverage under Kevin what options does Nancy have at this point -
✔✔COBRA
this entity has the authority to make changes to an insurance policy -
✔✔Insurers executive officer
, An applicant for an individual health policy failed to complete the
application properly before being able to complete the application and
pay the initial premium she is confined to a hospital this will not be
covered by the insurance because she has not met conditions specified in
the - ✔✔consideration clause
which provision concerns the insured's duty to provide the insurer with
reasonable notice in the event of a loss - ✔✔notice of claim
under the physical exam in autopsy provision how many times you can
and insurer have the insured examined at its own expense while at claim
is pending - ✔✔unlimited
The provision that states that both the printed contract and a copy of the
application form the contract between the policy owner and the answer
is called the - ✔✔entire contract
under the change of beneficiary provision the policyholder has the right
to change beneficiaries in any case is - ✔✔False
ANSWERS { GRADED A+}
Which of the following is true about the requirement regarding HIV
exams? - ✔✔The applicant must give prior informed written consent
An agent makes a mistake on the application and then corrects his
mistake by physically entering the necessary information who must then
initial that change - ✔✔Applicant
Nancy has an illness that requires significant medical attention Kevin
and Nancy decide to legally separate eligible for health insurance
coverage under Kevin what options does Nancy have at this point -
✔✔COBRA
this entity has the authority to make changes to an insurance policy -
✔✔Insurers executive officer
, An applicant for an individual health policy failed to complete the
application properly before being able to complete the application and
pay the initial premium she is confined to a hospital this will not be
covered by the insurance because she has not met conditions specified in
the - ✔✔consideration clause
which provision concerns the insured's duty to provide the insurer with
reasonable notice in the event of a loss - ✔✔notice of claim
under the physical exam in autopsy provision how many times you can
and insurer have the insured examined at its own expense while at claim
is pending - ✔✔unlimited
The provision that states that both the printed contract and a copy of the
application form the contract between the policy owner and the answer
is called the - ✔✔entire contract
under the change of beneficiary provision the policyholder has the right
to change beneficiaries in any case is - ✔✔False
