Correct Questions and
Answers 2025/2026
How many eligible employees must be included
in a contributory health insurance plan? -
answer50%A man works for Company A and
his wife works for Company B. The spouses are
covered by health plans through their
respective companies that also cover the other
spouse. If the husband files a claim, -
answerThe insurance through his company is
primary.
, What is the period of coverage for events such
as death or divorce under COBRA? -answer36
months
Twenty-five days after a health insurance policy
is delivered, the policyowner decides that she
would like to return the policy and receive a
refund of premium. Which of the following is
true? -answerThe policyowner will not receive a
refund because the free-look period is over.
An insured is involved in a car accident. In
addition to general, less serious injuries, he
permanently loses the use of his leg and is
rendered completely blind. The blindness
improves a month later. To what extent will he
receive Presumptive Disability benefits? -
answerNo benefits
For the purpose of insurance, risk is defined as
-answerThe uncertainty or chance of loss.
Which of the following is an example of a
producer's fiduciary duty? -answerThe trust that