WA State Health and Disability Insurance Exam
Questions & Complete Solutions!!
A policy with an impairment rider, the policy won't be considered delivered until: -
ANSWER Impairment rider has been explained and the applicant's signature has
been obtained
A preexisting condition waiting period for a small employer may not be longer than...
- ANSWER 12 months
A preexisting condition waiting period for an individual may not be longer than... -
ANSWER 2 years
If no initial premium was paid when the application was taken, the agent delivering
the policy must: - ANSWER obtain Statement of Good Health, explain the policy,
provisions, etc., collect premium due
Medicare Advantage Program offers: - ANSWER PSOs, HMOs, PPOs
An insurance agent who moves to Wisconsin from another state can conduct
insurance for: - ANSWER 60 days, if current license is available
Each prospective cancer insurance buyer must be given: - ANSWER Shopper's
Guide to Cancer Insurance
Under Medicare Part A, participant must pay deductible: - ANSWER once per benefit
period
How many hours of prelicensing education is required? - ANSWER 32
A mutual insurer does not have: - ANSWER Permanent stock
If no health insurance, only can deduct amount over: - ANSWER 10% of annual
income
Reinstated health insurance polices only cover sickness that begin more than: -
ANSWER 10 days after the policy is reinstated
Written notice of claim must be given to insurer within: - ANSWER 20 days
Monthly payments has a grace period of: - ANSWER 10 days
When can't an insurer unilaterally change any provision while the policy is in force
but can change premium rates by class? - ANSWER Guaranteed renewability
Questions & Complete Solutions!!
A policy with an impairment rider, the policy won't be considered delivered until: -
ANSWER Impairment rider has been explained and the applicant's signature has
been obtained
A preexisting condition waiting period for a small employer may not be longer than...
- ANSWER 12 months
A preexisting condition waiting period for an individual may not be longer than... -
ANSWER 2 years
If no initial premium was paid when the application was taken, the agent delivering
the policy must: - ANSWER obtain Statement of Good Health, explain the policy,
provisions, etc., collect premium due
Medicare Advantage Program offers: - ANSWER PSOs, HMOs, PPOs
An insurance agent who moves to Wisconsin from another state can conduct
insurance for: - ANSWER 60 days, if current license is available
Each prospective cancer insurance buyer must be given: - ANSWER Shopper's
Guide to Cancer Insurance
Under Medicare Part A, participant must pay deductible: - ANSWER once per benefit
period
How many hours of prelicensing education is required? - ANSWER 32
A mutual insurer does not have: - ANSWER Permanent stock
If no health insurance, only can deduct amount over: - ANSWER 10% of annual
income
Reinstated health insurance polices only cover sickness that begin more than: -
ANSWER 10 days after the policy is reinstated
Written notice of claim must be given to insurer within: - ANSWER 20 days
Monthly payments has a grace period of: - ANSWER 10 days
When can't an insurer unilaterally change any provision while the policy is in force
but can change premium rates by class? - ANSWER Guaranteed renewability
