Health Sales License Exam Questions With Accurate
Solutions.
An attending physician statement - accurate answers-is ordered when the
application reveals the presence of a chronic or other condition for which
additional information regarding treatment and prognosis is required.
Mary - accurate answers-Howard talks to his agent Jane about buying a critical
illness policy from the XYZ insurance company to cover his wife Deborah, and
naming his daughter Mary as the beneficiary in case of death. Jane told him
that she would need signatures from all of the following, except:
Both Charles and the Timely Payment Insurance Company will be held
accountable - accurate answers-It is determined that Charles, an agent
representing the Timely Payment Insurance Company, has misled the
consuming public in an advertisement for one of the company's products. As a
result of such action, which of the following is true?
400 - accurate answers-The XYZ Company, which employs 800 workers,
provides group disability insurance for the 400 employees working 30 hours
or more. How many workers must be covered if this group benefit is offered
on a noncontributory basis?
Medical expense - accurate answers-This type of policy covers various
expenses that an insured may incur due to a routine accident or sickness.
The application - accurate answers-What is the primary source of
underwriting information for an individual health insurance policy?
Cash values - accurate answers-When insurance advertisements include a
comparison of similar accident and health insurance products, which of the
following is not a major factor in the comparison?
A limited policy, - accurate answers-only covers specific named conditions for
a limited dollar amount
To make sure the application provides the proper information - accurate
answers-The agent's primary underwriting role is:
, Pre-Existing Conditions - accurate answers-conditions are those that are
recognizable as existing before a policy is in effect.
Denies the claim because the insurer would not have issued the policy as
applied for as standard or better - accurate answers-Edward applies for a
disability insurance policy. He pays the initial premium at the time of
application and receives a conditional receipt. Three days after the insurance
company conducts a medical examination, but before it issues a policy,
Edward suffers a stroke. Upon reviewing the results his medical exam, the
company discovers that Edward has been diagnosed with high blood pressure
and atherosclerosis. Under the terms of the conditional receipt, the insurance
company:
Agent - accurate answers-Other than the applicant, which signature is
required on an application?
A side-by-side comparison of two policies issued by different insurers -
accurate answers-Which of the following is not a prohibited form of
advertising?
The history of very high or unique claim settlements if often used in agent
advertising - accurate answers-Which of the following statements regarding
health insurance advertising is not correct?
Covered since the insurer issued the contract based on an incomplete
application - accurate answers-If questions are incomplete on an application
and the insurer issues the policy, a claim is:
Only a comparison of benefits is required when insurers advertise by
comparisons of like products - accurate answers-In respect to Accident and
Sickness Insurance advertising, all of the following are true, except:
Hospital income insurance pays - accurate answers-a specific dollar amount
directly to the insured for each day he or she is in the hospital
Relative Value - accurate answers-a policy that pays surgical expense benefits
does not schedule the approved benefit payable for every type of surgery.
Instead, surgeries not listed are paid on the basis of a comparison to one or
Solutions.
An attending physician statement - accurate answers-is ordered when the
application reveals the presence of a chronic or other condition for which
additional information regarding treatment and prognosis is required.
Mary - accurate answers-Howard talks to his agent Jane about buying a critical
illness policy from the XYZ insurance company to cover his wife Deborah, and
naming his daughter Mary as the beneficiary in case of death. Jane told him
that she would need signatures from all of the following, except:
Both Charles and the Timely Payment Insurance Company will be held
accountable - accurate answers-It is determined that Charles, an agent
representing the Timely Payment Insurance Company, has misled the
consuming public in an advertisement for one of the company's products. As a
result of such action, which of the following is true?
400 - accurate answers-The XYZ Company, which employs 800 workers,
provides group disability insurance for the 400 employees working 30 hours
or more. How many workers must be covered if this group benefit is offered
on a noncontributory basis?
Medical expense - accurate answers-This type of policy covers various
expenses that an insured may incur due to a routine accident or sickness.
The application - accurate answers-What is the primary source of
underwriting information for an individual health insurance policy?
Cash values - accurate answers-When insurance advertisements include a
comparison of similar accident and health insurance products, which of the
following is not a major factor in the comparison?
A limited policy, - accurate answers-only covers specific named conditions for
a limited dollar amount
To make sure the application provides the proper information - accurate
answers-The agent's primary underwriting role is:
, Pre-Existing Conditions - accurate answers-conditions are those that are
recognizable as existing before a policy is in effect.
Denies the claim because the insurer would not have issued the policy as
applied for as standard or better - accurate answers-Edward applies for a
disability insurance policy. He pays the initial premium at the time of
application and receives a conditional receipt. Three days after the insurance
company conducts a medical examination, but before it issues a policy,
Edward suffers a stroke. Upon reviewing the results his medical exam, the
company discovers that Edward has been diagnosed with high blood pressure
and atherosclerosis. Under the terms of the conditional receipt, the insurance
company:
Agent - accurate answers-Other than the applicant, which signature is
required on an application?
A side-by-side comparison of two policies issued by different insurers -
accurate answers-Which of the following is not a prohibited form of
advertising?
The history of very high or unique claim settlements if often used in agent
advertising - accurate answers-Which of the following statements regarding
health insurance advertising is not correct?
Covered since the insurer issued the contract based on an incomplete
application - accurate answers-If questions are incomplete on an application
and the insurer issues the policy, a claim is:
Only a comparison of benefits is required when insurers advertise by
comparisons of like products - accurate answers-In respect to Accident and
Sickness Insurance advertising, all of the following are true, except:
Hospital income insurance pays - accurate answers-a specific dollar amount
directly to the insured for each day he or she is in the hospital
Relative Value - accurate answers-a policy that pays surgical expense benefits
does not schedule the approved benefit payable for every type of surgery.
Instead, surgeries not listed are paid on the basis of a comparison to one or
