INDIANA LIFE & HEALTH INSURANCE EXAM LATEST WITH ACTUAL
QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+
100% GUARANTEED PASS!
1. The insured and Insurance company will share the cost of covered
losses under which health policy feature? Payment of Claims
provision
2. XYZ Corp was issued a group Health policy for its employees. Under
this plan: A policy must be issued to XYZ, and a certificate must
be issued to each employee
3. Bryce purchased a disability income policy with a rider that guarantees
him the option of purchasing additional amounts of coverage at
predetermined times without requiring evidence of insurability. What
kind of rider is this? Guaranteed insurability rider
4. An employer that offers a qualified retirement plan to its employees is
eligible to: Make tax-deductible contributions to the plan
5. A policyowner's rights are limited under which beneficiary designation?
Irrevocable
6. The Notice of Claims provision requires a policyowner to: Notify an
insurer of a claim within a specified time
7. An underwriter determines that a life insurance applicant's risk should
be reclassified due to a health issue. This policy may be issued with
a(n): Extra premium
8. P's individual health policy is now in the Grace Period. P's coverage will
remain in force if: The premium is paid
9. In health insurance policies, a waiver of premium keeps the coverage
in force without premium payments: After an insured has become
totally disabled as defined in the policy
10. T has an annuity that guarantees an income payment for the rest
of his life. The contract also guarantees that if T dies before receiving
payments for 20 years, the remaining payments will be paid to his son
for the balance of the 20 years. What type of annuity is this? Life
annuity with period certain
11. Dividends payable to a policyowner are: Declared by the
insurance company
QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY GRADED A+
100% GUARANTEED PASS!
1. The insured and Insurance company will share the cost of covered
losses under which health policy feature? Payment of Claims
provision
2. XYZ Corp was issued a group Health policy for its employees. Under
this plan: A policy must be issued to XYZ, and a certificate must
be issued to each employee
3. Bryce purchased a disability income policy with a rider that guarantees
him the option of purchasing additional amounts of coverage at
predetermined times without requiring evidence of insurability. What
kind of rider is this? Guaranteed insurability rider
4. An employer that offers a qualified retirement plan to its employees is
eligible to: Make tax-deductible contributions to the plan
5. A policyowner's rights are limited under which beneficiary designation?
Irrevocable
6. The Notice of Claims provision requires a policyowner to: Notify an
insurer of a claim within a specified time
7. An underwriter determines that a life insurance applicant's risk should
be reclassified due to a health issue. This policy may be issued with
a(n): Extra premium
8. P's individual health policy is now in the Grace Period. P's coverage will
remain in force if: The premium is paid
9. In health insurance policies, a waiver of premium keeps the coverage
in force without premium payments: After an insured has become
totally disabled as defined in the policy
10. T has an annuity that guarantees an income payment for the rest
of his life. The contract also guarantees that if T dies before receiving
payments for 20 years, the remaining payments will be paid to his son
for the balance of the 20 years. What type of annuity is this? Life
annuity with period certain
11. Dividends payable to a policyowner are: Declared by the
insurance company
