CRAT TEST FINAL EXAM AND PRACTICE
EXAM QUESTIONS 2025 COMPLETE 300
EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
Social Security disability income benefits are payable as long as all of the following
conditions are met, except – ANSWER the recipient has not reached full retirement age
The initial dollar amount an insured is required to pay annually in a medical expense
plan before benefits are payable by the insurer is called the: - ANSWER Deductible
A characteristic of a medical expense policy where the insured and the insurer share in
a percentage of the covered expenses is known as the: - ANSWER coinsurance
Which of the following classifications covers a disability which occurs either on or off the
job? – ANSWER occupational
The time period an insured must wait after the onset of a disability before any benefits
from a disability income policy became payable is the: - ANSWER Elimination period
The ________ method of determining benefits considers the average fee charged by all
doctors in a given geographical area. – ANSWER usual, customary and reasonable
(UCR)
Which of the following is a cost containment measure for a managed care plan? –
ANSWER second surgical opinion
____ is not an "activity of daily living" associated with triggering events for long-term
care policies – ANSWER Talking
Which of the following is NOT covered by Medicare part A? – ANSWER Doctor's
services
If the owner of a business becomes disabled, a Business Overhead Expense plan will
cover all of the following except: - ANSWER The owner's salary
Minimum requirements for the Core Medicare Supplemental Plan A includes all of the
following except: - ANSWER Outpatient prescription drugs
A disability that is presumed to result from the same cause as an immediate prior
disability within 6 months of recovery is a: - ANSWER Recurrent disability
, According to the Entire Contract Clause, which of the following constitutes the entire
contract of insurance in a health policy? – ANSWER The policy including provisions,
copy of the application, amendments and riders
Which of the following correctly describes Medicaide? – ANSWER It provides medical
benefits for qualified low-income individuals
The principal sum in an Accidental Death and Dismemberment policy is the: - ANSWER
Death benefit paid to the insured's beneficiary
The stipulation in a health policy that allows the insured to examine a policy for a
specific number of days after delivery and return for a premium refund if desired is
called the: - ANSWER Free look provision
The guaranteed insurability rider allows the insured to: - ANSWER Purchase additional
benefits at specified intervals without insurability
A Primary Care Physician is associated with which of the following? – ANSWER HMO
PPO providers are paid based on which of the following? – ANSWER Discounted fee-
for-service, negotiated in advance
If an insured is unable to make a premium payment on the due date, which provision
will prevent the policy from being cancelled immediately? – ANSWER Grace Period
Which of the following is offered on a long-term care policy that locks in guaranteed
benefit increases each year the policy is in force? – ANSWER Inflation protection
benefit
The Proof of Loss provision limits the amount of time the insured has to submit proof of
loss to the insurer to within: - ANSWER 20 days after receiving the claim form
Temporary medical insurance that provides limited benefits for less than 12 months is
called: - ANSWER Short-term medical
Which of the following is the responsibility of an agent? – ANSWER Explain the policy,
provisions, riders and exclusions upon policy delivery
Which provision in health insurance limits the time a policy is contestable to 2 years,
except for fraud? – ANSWER Time Limit on Certain Defenses
Of the following, which would not be indicative of ventricular fibrillation? – ANSWER
Waves would be seen with every other complex
EXAM QUESTIONS 2025 COMPLETE 300
EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
Social Security disability income benefits are payable as long as all of the following
conditions are met, except – ANSWER the recipient has not reached full retirement age
The initial dollar amount an insured is required to pay annually in a medical expense
plan before benefits are payable by the insurer is called the: - ANSWER Deductible
A characteristic of a medical expense policy where the insured and the insurer share in
a percentage of the covered expenses is known as the: - ANSWER coinsurance
Which of the following classifications covers a disability which occurs either on or off the
job? – ANSWER occupational
The time period an insured must wait after the onset of a disability before any benefits
from a disability income policy became payable is the: - ANSWER Elimination period
The ________ method of determining benefits considers the average fee charged by all
doctors in a given geographical area. – ANSWER usual, customary and reasonable
(UCR)
Which of the following is a cost containment measure for a managed care plan? –
ANSWER second surgical opinion
____ is not an "activity of daily living" associated with triggering events for long-term
care policies – ANSWER Talking
Which of the following is NOT covered by Medicare part A? – ANSWER Doctor's
services
If the owner of a business becomes disabled, a Business Overhead Expense plan will
cover all of the following except: - ANSWER The owner's salary
Minimum requirements for the Core Medicare Supplemental Plan A includes all of the
following except: - ANSWER Outpatient prescription drugs
A disability that is presumed to result from the same cause as an immediate prior
disability within 6 months of recovery is a: - ANSWER Recurrent disability
, According to the Entire Contract Clause, which of the following constitutes the entire
contract of insurance in a health policy? – ANSWER The policy including provisions,
copy of the application, amendments and riders
Which of the following correctly describes Medicaide? – ANSWER It provides medical
benefits for qualified low-income individuals
The principal sum in an Accidental Death and Dismemberment policy is the: - ANSWER
Death benefit paid to the insured's beneficiary
The stipulation in a health policy that allows the insured to examine a policy for a
specific number of days after delivery and return for a premium refund if desired is
called the: - ANSWER Free look provision
The guaranteed insurability rider allows the insured to: - ANSWER Purchase additional
benefits at specified intervals without insurability
A Primary Care Physician is associated with which of the following? – ANSWER HMO
PPO providers are paid based on which of the following? – ANSWER Discounted fee-
for-service, negotiated in advance
If an insured is unable to make a premium payment on the due date, which provision
will prevent the policy from being cancelled immediately? – ANSWER Grace Period
Which of the following is offered on a long-term care policy that locks in guaranteed
benefit increases each year the policy is in force? – ANSWER Inflation protection
benefit
The Proof of Loss provision limits the amount of time the insured has to submit proof of
loss to the insurer to within: - ANSWER 20 days after receiving the claim form
Temporary medical insurance that provides limited benefits for less than 12 months is
called: - ANSWER Short-term medical
Which of the following is the responsibility of an agent? – ANSWER Explain the policy,
provisions, riders and exclusions upon policy delivery
Which provision in health insurance limits the time a policy is contestable to 2 years,
except for fraud? – ANSWER Time Limit on Certain Defenses
Of the following, which would not be indicative of ventricular fibrillation? – ANSWER
Waves would be seen with every other complex
