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Louisiana Life, Accident and Health Practice Exam Test Questions & Answers _ LATEST UPDATE

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Louisiana Life, Accident and Health Practice Exam Test Questions & Answers _ LATEST

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Louisiana Life, Accident and Health Practice
Exam Test Questions & Answers | LATEST UPDATE

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Terms in this set (876)



Select from the choices below the Involving the possibility of a gain in addition to the
best description of a speculative uncertainty of loss
risk?


If there is a material change in an Another 7 pay test
MEC contract, what is the first thing
needing to be done?


Which of the following is not Fixed amount installments
taxable?


A premature distribution from a Roth It was used as a down payment on first home
IRA made before the age 59.5 is
subject to a 10% penalty tax unless:


Carlos cancels his life policy but 1035 Exchange
instructs the insurance company to
transfer the cash value of his policy
to an annuity. This non taxable
transaction is called?

,Which of the following is a Immediate liquidity
disadvantage to setup and
participate in a qualified retirement
plan?


All of these types of distributions that New car purchase
are exceptions to the 10% penalty
rule except:


Which of the following does not Currently $49,000 maximum contribution
describe a 401(K) characteristics


The following are examples of 501c(3)
Qualified Retirement Plans except:


Which of the following is not correct It provides different benefits for different levels of
regarding Long Term Care care


Medicare Select is a type of? Medicare Supplement plan offered by an HMO


Which of the following statements is It can offer benefits that ate not covered by regular
correct regarding Medicare Medicare
Advantage


Which of the following is correct with Insured must satisfy a deductible
regards to the hospital insurance Part
A plan of Medicare


Which of the following statements is An annual deductible is required
correct about Part B of Medicare

, All of the following examples of MEWA
groups that purchase group health
insurance except:


The following are example of limited HMO
health plans except:


Ally wants a rider that will pay Additional monthly benefit (AMB)
disability that social security will pay
for one year, assuming that social
security should begin then. What
type of rider should she consider?


How many QCs are necessary to be 40
fully funded?


If Bill has a type of disability plan that Employer Group
has benefits set at a percentage of
income, what type is it?


Ally wants to make sure that her COLA
benefits for her disability policy keep
up with the rate of inflation, what type
of rider should she consider


How many QCs are necessary to be 6 in the last 13
deemed partially insured


If Jill has a type of disability plan that Individual
has benefits set at a flat amount per
month, what type is it?

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