Correct Detailed Answers (100%
_____________Quiz____________?
Insured Contingent Beneficiary -
Answer✓✓
If the insured and primary beneficiary are both killed in the same accident and it cannot be
determined who died first, where are the death proceeds to be directed under the uniform
Simultaneous Death Act?
_____________Quiz____________?
Reimbursement -
Answer✓✓
Which type of policy pays benefits to a policyholder covered under a Hospital Expense
policy?
_____________Quiz____________?
$25,000 -
Answer✓✓
J has an Accidental Death and Dismemberment policy with a principal sum of $50,000.
While trimming the hedges, J cuts off one of his fingers. What is the MAXIMUM J will
receive from his policy?
_____________Quiz____________?
1
, payable to the company or another shareholder -
Answer✓✓
The benefits under a Disability Buy-Out policy are:
_____________Quiz____________?
off-the -job accident -
Answer✓✓
An accident policy will most likely pay a benefit for a(n)
_____________Quiz____________?
indemnity -
Answer✓✓
a payment for damage or loss
_____________Quiz____________?
continue group health benefits -
Answer✓✓
The COBRA gives workers whose employment has been terminated the right to
_____________Quiz____________?
Social Security Disability Income -
Answer✓✓
The percentage of as individual's Primary Insurance Amount determines the benefits paid in
which of the following programs.
_____________Quiz____________?
100% of the insured's Primary Insurance Amount (PIA) -
Answer✓✓
What is the maximum Social Security Disability benefit amount an insured can receive?
2