Exam (elaborations)
MISSISSIPPI LIFE AND HEALTH INSURANCE TEST 2 QUESTIONS AND ANSWERS
- Course
- Institution
MISSISSIPPI LIFE AND HEALTH INSURANCE TEST 2 QUESTIONS AND ANSWERS
[Show more]
Content preview
1-81 of 81which of the following life insurance policies combine term insurance with an
investment element?
Give this one a try later!
Universal Life
A business overhead expense policy :
,Give this one a try later!
covers business expenses such as rent and utilities
Which of the following actions require a policy owner to provide proof of insurability
in an Adjustable Life Policy?
Give this one a try later!
increase face amount
Which of the following is considered to be the time period after the Health Policy is
issued, during which no benefits are provided for illness?
Give this one a try later!
Probationary Period
K has a health policy that must be renewed by the insurer and the premiums can only
be increased if applied to the entire class of insureds. This type of policy is considered
Give this one a try later!
guaranteed renewable
, At what time must a policyowner have insurable interest on the insured in order for
the life policy to be valid?
Give this one a try later!
At the time of application.
The policy provision that entitles the insurer to establish conditions the insured must
meet while a claim is pending is:
Give this one a try later!
Time Limit of Certain Defenses
A major medical policy typically contains a provision that requires the insurer to pay
only part of the loss, when the balance is paid by the insured. This provision is called :
Give this one a try later!
Coinsurance
When an employee is required to pay a portion of the premium for an
employer/employee group health plan, the employee is covered under which of the
following plans?
Give this one a try later!
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 selftest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76658 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now