Fl Health and Accident Insurance State Exam Simulator Questions and Answers

Fl Health and Accident Insurance State Exam Simulator Questions and Answers A medical care provider which typically delivers health services at its own local medical facility is known as a: - Answer-HMO Which of the following policy provisions prohibits an insurance company from incorporating external documents into an insurance policy? - Answer-Entire Contract Which type of policy would pay an employee's salary if the employer was injured in a bicycle accident and out of work for six weeks? - Answer-Business Overhead Expense he Florida Employee Health Care Access Act was established to make - Answer-group health insurance available to employers with up to 50 employees Which of the following BEST describes a Hospital Indemnity policy? - Answer-Coverage that pays a stated amount per day of a covered hospitalization K has an Accidental Death and Dismemberment (AD&D) insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? - Answer-Daughter If a retiree on Medicare required five hospital stays in one year, which policy would provide the best insurance for excess hospital expenses? - Answer-Medicare Supplement Which of these arrangements allows one to bypass insurable interest laws? - Answer-Investor-Originated Life Insurance Which of the following is the MOST important factor when deciding how much Disability Income coverage an applicant should purchase? - Answer-Applicant's monthly income When is a Group Health policy required to provide coverage for a newborn child? - Answer-at the moment of birth