HOSMERIT
KANSAS INSURANCE PRACTICE
EXAM 2024/2025 UPDATE 100%
GRADED A+
The consideration clause in an accident and health policy states the - correct answer ✔✔applicant pays
the initial premium
Which of the following reports may include information obtained by a telephone call to the proposed
insured? - correct answer ✔✔Inspection report
Health insurance policies are offered on a "take it or leave it" basis and referred to as - correct answer
✔✔Contracts of Adhesion
The insurance policy clause that identifies the contracting parties and defines the scope and limits of
coverage is called - correct answer ✔✔Insuring clause
Which of the following statements is CORRECT about a Waiver of Premium provision in a Disability
Income Policy? - correct answer ✔✔It allows the insured to maintain a policy in force while disabled and
unable to pay premiums.
The coordination of benefits clause found in group health master contracts is used to - correct answer
✔✔avoid double payment of benefits to an insured who has duplicate group coverages
Which of the following provisions designates to whom claim payments are made? - correct answer
✔✔Payment of Claims
Medicare supplement policies are primarily designed to - correct answer ✔✔provide additional benefits
beyond those provided by Medicare
, A married insured has an AD&D policy that names his brother as the primary beneficiary and his son as
the contingent beneficiary. If the insured and his brother are both killed instantly in a train accident, the
policy proceeds would be paid to which of the following? - correct answer ✔✔The insured's son
Group health insurance specifies that what percentage of eligible individuals MUST be offered coverage
under a noncontributory plan? - correct answer ✔✔100
Under a Guaranteed Renewable Accident and Health policy, an insurer retains the right to - correct
answer ✔✔increase the premium rate for an entire class of insureds
A group long-term disability plan is integrated with SS when which of the following statements is
CORRECT? - correct answer ✔✔Social Security and group benefits pay a combined maximum limit.
On June 1, S purchased a major medical policy and paid the initial premium to producer T. Only July 1,
Producer T received the policy from the insurance company. The policy contained a Ten-Day Free Look
provision. On July 3, Producer T attempted to deliver the policy but found that S was not at home. On
July 5, T was able to deliver the policy to S. On July 7, S decided he did not want the policy. S had 10 days
from which day? - correct answer ✔✔July 5
The purpose of the MIB is to - correct answer ✔✔share medical data among member companies
What law requires an insurer to notify an applicant in writing that an investigative consumer report may
be made on the applicant? - correct answer ✔✔Fair Credit Reporting Act
What definition MOST accurately describes the Probationary Period? - correct answer ✔✔The waiting
period a new hire must satisfy prior to becoming eligible for group health coverage
An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving
notice of an Accident & Health Claim? - correct answer ✔✔Fifteen
Under a group health plan, an employer may offer additional benefits to classes of employees on the
basis of all of the following factors except - correct answer ✔✔Gender
KANSAS INSURANCE PRACTICE
EXAM 2024/2025 UPDATE 100%
GRADED A+
The consideration clause in an accident and health policy states the - correct answer ✔✔applicant pays
the initial premium
Which of the following reports may include information obtained by a telephone call to the proposed
insured? - correct answer ✔✔Inspection report
Health insurance policies are offered on a "take it or leave it" basis and referred to as - correct answer
✔✔Contracts of Adhesion
The insurance policy clause that identifies the contracting parties and defines the scope and limits of
coverage is called - correct answer ✔✔Insuring clause
Which of the following statements is CORRECT about a Waiver of Premium provision in a Disability
Income Policy? - correct answer ✔✔It allows the insured to maintain a policy in force while disabled and
unable to pay premiums.
The coordination of benefits clause found in group health master contracts is used to - correct answer
✔✔avoid double payment of benefits to an insured who has duplicate group coverages
Which of the following provisions designates to whom claim payments are made? - correct answer
✔✔Payment of Claims
Medicare supplement policies are primarily designed to - correct answer ✔✔provide additional benefits
beyond those provided by Medicare
, A married insured has an AD&D policy that names his brother as the primary beneficiary and his son as
the contingent beneficiary. If the insured and his brother are both killed instantly in a train accident, the
policy proceeds would be paid to which of the following? - correct answer ✔✔The insured's son
Group health insurance specifies that what percentage of eligible individuals MUST be offered coverage
under a noncontributory plan? - correct answer ✔✔100
Under a Guaranteed Renewable Accident and Health policy, an insurer retains the right to - correct
answer ✔✔increase the premium rate for an entire class of insureds
A group long-term disability plan is integrated with SS when which of the following statements is
CORRECT? - correct answer ✔✔Social Security and group benefits pay a combined maximum limit.
On June 1, S purchased a major medical policy and paid the initial premium to producer T. Only July 1,
Producer T received the policy from the insurance company. The policy contained a Ten-Day Free Look
provision. On July 3, Producer T attempted to deliver the policy but found that S was not at home. On
July 5, T was able to deliver the policy to S. On July 7, S decided he did not want the policy. S had 10 days
from which day? - correct answer ✔✔July 5
The purpose of the MIB is to - correct answer ✔✔share medical data among member companies
What law requires an insurer to notify an applicant in writing that an investigative consumer report may
be made on the applicant? - correct answer ✔✔Fair Credit Reporting Act
What definition MOST accurately describes the Probationary Period? - correct answer ✔✔The waiting
period a new hire must satisfy prior to becoming eligible for group health coverage
An insurer must provide claim forms to an insured within a MAXIMUM of how many days after receiving
notice of an Accident & Health Claim? - correct answer ✔✔Fifteen
Under a group health plan, an employer may offer additional benefits to classes of employees on the
basis of all of the following factors except - correct answer ✔✔Gender
