Exam (elaborations)
Accident and Health Insurance Exam Questions & Answers 2023(RATED A)
- Course
- Institution
Accident and Health Insurance Exam Questions & Answers 2023(RATED A)
[Show more]
Content preview
Accident and Health Insurance Exam Questions AndCorrect Answers(verified)
1. H has suffered a covered disability away from her job and will shortly begin
collecting benefits. The insurer sends a letter to H stating that she will not
receive any benefit amounts greater than her income. This clause is known
as:
A: Over-insurance clause
B: free look
C: relation of earning to insurance
D: relation of economic value: C: relation of earning to insurance
2. The insured should be aware of the issue date upon delivery a policy and
the date should be listed on:
,A: the policy summary
B: the first page of the contract
C: the delivery receipt
D: upon conditional receipt: B: the first page of the contract
3. The policy has all of the following rights EXCEPT:
A: Right to solely renew a guaranteed renewable policy.
B: Right to terminate a policy
C: Unilateral right to renew an Optionally renewable policy
D: Right to assign a contract: C: Unilateral right to renew an Optionally renewable
policy
4. The part of a contract that specifies which expenses may or may not be
covered is known as the:
A: Exclusion
B: Eligible Expense provision
C: Insuring Agreement
D: Consideration Clause: B: Eligible Expense provision
,5. Which of the following is considered to be a mandatory provision in a health
policy?
A: Time Limit on Certain Defenses
B: Change of Occupation
C: Illegal Occupation
D: Intoxicant/Narcotic Usage: A: Time Limit on Certain Defenses
6. Which of the following may be considered an eligible expense found in a
health policy?
A: Cosmetic Surgery
B: Premium payment
C: cold cream
D: Bus fare to receive treatment for a covered loss: D: Bus fare to receive
treatment for a covered loss
, 7. K has a policy that covers doctors visits but limits the number of visits per
calendar year and pays a limited indemnification limit per visit. K has:
A: Basic Medical Expense
B: Physician Nonsurgical Coverage
C: Basic Surgical Policy
D: Basic Hospital Coverage: B: Physician Nonsurgical Coverage
8. All of the following are CORRECT about Medicare EXCEPT:
A: An insured who is age 30 but collecting Social Security disability for the
last two years is eligible for Medicare.
B: An insured who is age 60 and is at the end stage of renal failure is eligible
for Medicare.
C: An insured who turns age 65 and is still employed is eligible for Medicare.
D: An insured who has Medicare Part A is eligible to enroll for Medigap policies
within six months of enrolling in Part A.: D: An insured who has Medicare Part
A is eligible to enroll for Medigap policies within six months of enrolling in Part A.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Vannesah. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81311 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now