Bloop Exam Questions with Correct
Solutions (Verified Answers)2025/26
GRADED A.
Which of these statements accurately describes the Waiver of Premium provision in an
Accident & Health policy? - Correct answerPremiums are waived after the
insured has been totally disabled for a specified time period.
Which of the following services is NOT included under hospitalization expense
coverage? - Correct answerSurgical fees.
Which of these is a valid Tennessee regulation for referral fees? - Correct
answerThe Commissioner. May establish by rule a maximum amount for each
referral.
Which of the following is an example of defamation? - Correct
answerCirculating brochures that falsely denounce the financial condition of an
insurer.
Which of the following statements BEST describe what the Legal Actions provision of an
Accident and Health policy requires? - Correct answerAn insured must wait at
least 60 days after Proof of Loss has been submitted before a lawsuit can be filed.
Which of the following actions will n insurance company most likely NOT take if an
applicant, who haas diabetes, applies for a Disability Income policy? - Correct
answerIssue the policy with an altered Time of Payment of Claims provision.
Which of the following health insurance policy provisions specifies the health care
services a policy will provide? - Correct answerInsuring Clause.
Which of the following statements describes what an Accident & Health policy owner
may NOT do? - Correct answerAdjust the premium payments.
Which of the following statements BEST describes the intent of a Coinsurance clause in
a Major Medical policy? - Correct answerDiscourages over utilization of the
insurance coverage.
,Which of these is NOT considered to be an element of an insurance contact? -
Correct answerNegotiating.
Which of these options can an individual use their medical flexible spending account to
pay for? - Correct answerPrescription drugs.
Which of the following BEST describes how pre-admission certifications are used? -
Correct answerUsed to prevent nonessential medical costs.
Which of the following types of care is typically not covered in a Long Term Care policy?
- Correct answerAcupuncture.
Which of the following consists of an offer, acceptance, and considerations? -
Correct answerContract.
Which of the following statements BEST describes dental care indemnity coverage? -
Correct answerServices are reimbursed after insurer receives the invoice.
Which of the following statements about Health Reimbursement Arrangements (HRA) is
CORRECT? - Correct answerIf the employee paid for qualified medical
expenses, the reimbursements may be tax-free.
Which of the following situations does a Critical Illness plan cover? - Correct
answerLeukemia
Which of the following statements BEST defines usual, customary, and reasonable
(UCR) charges? - Correct answerThe maximum amount considered eligible for
reimbursement by an insurance company under a health plan.
Which of the following policy features allows an insured to defer current health charges
to the following year's deductible instead of the current years deductible? - Correct
answerCarryover provision.
Which of the following BEST describes a Hospital Indemnity policy? - Correct
answerCoverage that pays a stated amount per day of a covered hospitalization.
Which of the following medical expenses does Cancer insurance NOT cover? -
Correct answerArthritis.
, Which provision allows a portion of any used medical benefits to be restored following a
particular amount of benefit has been used, or after the policy has been in effect for a
particular period of time? - Correct answerRestoration of used benefit.
Which of the following phrases refers to the fees charged by a healthcare professional?
- Correct answerUsual, customary, and reasonable expenses.
Which of these is NOT a fair marketing practice when an existing insurance policy is
being replaced? - Correct answerReduced the cost by lowering the
commission.
Which of these is NOT a legitimate insurance marketing practice for obtaining business
from a competitor? - Correct answerReducing commissions in order to make a
sale.
Which of the following would best describe the actions of an insurer who promises the
cheapest premium rates in the United States? - Correct answerFalse
advertising.
Which of the following is the purpose of the Tennessee Guaranty Association?
A. All of the above
B. Charged to distribute the costs of protection to all insurers
C. Avoid a loss to policyholders & claim due to the insolvency of an insurer
D. Avoid excessive delay in payment - Correct answerA. All of the above
Which of these factors do NOT play a role in the underwriting of a health insurance
policy? - Correct answerMarital status.
Which of these circumstances is a Business Disability Buy-Sell policy designed to help
in the sale of a business? - Correct answerBusiness owner becoming
disabled.
Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
Correct answerSurgically removing a facial birthmark.
Which of the following is NOT a requirement to sell, solicit, or negotiate Long-Term Care
insurance? - Correct answerComplete a one-time 4-hour course on estate
planning.
Solutions (Verified Answers)2025/26
GRADED A.
Which of these statements accurately describes the Waiver of Premium provision in an
Accident & Health policy? - Correct answerPremiums are waived after the
insured has been totally disabled for a specified time period.
Which of the following services is NOT included under hospitalization expense
coverage? - Correct answerSurgical fees.
Which of these is a valid Tennessee regulation for referral fees? - Correct
answerThe Commissioner. May establish by rule a maximum amount for each
referral.
Which of the following is an example of defamation? - Correct
answerCirculating brochures that falsely denounce the financial condition of an
insurer.
Which of the following statements BEST describe what the Legal Actions provision of an
Accident and Health policy requires? - Correct answerAn insured must wait at
least 60 days after Proof of Loss has been submitted before a lawsuit can be filed.
Which of the following actions will n insurance company most likely NOT take if an
applicant, who haas diabetes, applies for a Disability Income policy? - Correct
answerIssue the policy with an altered Time of Payment of Claims provision.
Which of the following health insurance policy provisions specifies the health care
services a policy will provide? - Correct answerInsuring Clause.
Which of the following statements describes what an Accident & Health policy owner
may NOT do? - Correct answerAdjust the premium payments.
Which of the following statements BEST describes the intent of a Coinsurance clause in
a Major Medical policy? - Correct answerDiscourages over utilization of the
insurance coverage.
,Which of these is NOT considered to be an element of an insurance contact? -
Correct answerNegotiating.
Which of these options can an individual use their medical flexible spending account to
pay for? - Correct answerPrescription drugs.
Which of the following BEST describes how pre-admission certifications are used? -
Correct answerUsed to prevent nonessential medical costs.
Which of the following types of care is typically not covered in a Long Term Care policy?
- Correct answerAcupuncture.
Which of the following consists of an offer, acceptance, and considerations? -
Correct answerContract.
Which of the following statements BEST describes dental care indemnity coverage? -
Correct answerServices are reimbursed after insurer receives the invoice.
Which of the following statements about Health Reimbursement Arrangements (HRA) is
CORRECT? - Correct answerIf the employee paid for qualified medical
expenses, the reimbursements may be tax-free.
Which of the following situations does a Critical Illness plan cover? - Correct
answerLeukemia
Which of the following statements BEST defines usual, customary, and reasonable
(UCR) charges? - Correct answerThe maximum amount considered eligible for
reimbursement by an insurance company under a health plan.
Which of the following policy features allows an insured to defer current health charges
to the following year's deductible instead of the current years deductible? - Correct
answerCarryover provision.
Which of the following BEST describes a Hospital Indemnity policy? - Correct
answerCoverage that pays a stated amount per day of a covered hospitalization.
Which of the following medical expenses does Cancer insurance NOT cover? -
Correct answerArthritis.
, Which provision allows a portion of any used medical benefits to be restored following a
particular amount of benefit has been used, or after the policy has been in effect for a
particular period of time? - Correct answerRestoration of used benefit.
Which of the following phrases refers to the fees charged by a healthcare professional?
- Correct answerUsual, customary, and reasonable expenses.
Which of these is NOT a fair marketing practice when an existing insurance policy is
being replaced? - Correct answerReduced the cost by lowering the
commission.
Which of these is NOT a legitimate insurance marketing practice for obtaining business
from a competitor? - Correct answerReducing commissions in order to make a
sale.
Which of the following would best describe the actions of an insurer who promises the
cheapest premium rates in the United States? - Correct answerFalse
advertising.
Which of the following is the purpose of the Tennessee Guaranty Association?
A. All of the above
B. Charged to distribute the costs of protection to all insurers
C. Avoid a loss to policyholders & claim due to the insolvency of an insurer
D. Avoid excessive delay in payment - Correct answerA. All of the above
Which of these factors do NOT play a role in the underwriting of a health insurance
policy? - Correct answerMarital status.
Which of these circumstances is a Business Disability Buy-Sell policy designed to help
in the sale of a business? - Correct answerBusiness owner becoming
disabled.
Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
Correct answerSurgically removing a facial birthmark.
Which of the following is NOT a requirement to sell, solicit, or negotiate Long-Term Care
insurance? - Correct answerComplete a one-time 4-hour course on estate
planning.
