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Missouri Life and Health Exam questions and answers graded A+ 2025/2026
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Missouri Life and Health Exam questions and answers graded A+ 2025/2026
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Missouri Life and Health ExamIn a Life coverage settlement, an insurance corporation's promise to pay stated advantages is
known as the:
a) insuring clause
b) attention clause
c) complete contract
d) owner's rights - ANSinsuring clause
below which circumstance MUST a health insurer have an expedited complaint evaluate
manner? - ANSwhen the enrollee's life or fitness is jeapordized
The Consideration clause in a life insurance settlement includes what pertinent information? -
ANSamount of premium payments and whilst they may be due
Long Term Care regulations will typically pay for eligible advantages the use of which of the
subsequent methods?
A) behind schedule
b) charge for carrier
c) price incurred
d) respite - ANSExpense incurred
T is receiving $three,000/month from a Disability Income coverage wherein T's employer had
paid the premiums. How are the $three,000 benefit bills taxable? - ANSBenefits are taxable to T
A assertion made via an insured in an coverage utility that should be genuine to the fine of 1's
know-how and which becomes a part of the settlement is referred to as - ANSa representation
Which long time care insurance statement is real? - ANSPre-existing conditions need to be
protected after the coverage has been in pressure for six months
Pre-current conditions are the ones for which medical advice or remedy changed into
recommended via or received from a fitness provider inside 6 months previous the effective date
of an person long-time period care coverage.
Which of the following is NOT allowed regarding the Medigap (Medicare Supplement)
coverage? - ANSIssuing an extra Medigap policy to make sure no out-of-pocket exposure for
the insured
Jasmine is a salaried worker of an coverage business enterprise. Which of the following
obligations would require her to be certified as an insurance producer?
A) adjusting claims
,b) underwriting coverage packages
c) administrative assistant to the VP of Sales
d) soliciting insurance regulations - ANSSoliciting coverage rules
All of those are characteristics of an Adjustable Life policy EXCEPT
a) adjustable charges
b)adjustable top class charge length
c) aggregate of time period and complete existence insurance
d) face quantity can be adjusted the usage of coverage dividends - ANSface amount may be
adjusted using policy dividends
The Director of Insurance is permitted
a) to put in force state legal guidelines regarding coverage
b) to bypass nation laws relating to insurance
c) to set insurance rates for overseas insurers
d) to set income quotas - ANSto implement country legal guidelines referring to insurance
When a collection accident and health policy is issued to an organisation,
a) a blanket policy is issued to every employee
b) the loose-look duration is 60 days
c) a policy is issued to the corporation and a certificates is issued to each employee
d) a certificate is issued to the company and a coverage is issued to each worker - ANSa
coverage is issued to the employer and a certificate is issued to every employee
which of the following statements is CORRECT approximately expanded death benefits? -
ANSMust have a terminal contamination to qualify.
T is included with the aid of an Accidental Death and Dismemberment (AD&D) policy that has
an irrevocable beneficiary. What movement will the insurance corporation take if T requests a
trade of beneficiary? - ANSRequest of the trade could be refused
which of those statements is INCORRECT regarding the federal income tax treatment of
lifestyles insurance
-Premiums are normally not tax deductible
-Cash dividends are commonly no longer taxed
-Entire coins surrender cost is taxable
-Proceeds are obtained tax-free if there is a named beneficiary - ANSEntire coins give up fee is
taxable
A manufacturer is circulating wrong data approximately the advantages of a policy. This
manufacturer may be observed guilty of
a) misrepresentation
b) sliding
c) boycotting
,d) coercion - ANSmisrepresentation
The first portion of a included Major Medical insurance rate that the insured is required to pay is
known as the:
a) corridor deductible
b) initial deductible
c) stop-loss deductible
d) coinsurance deductible - ANSinitial deductible
Any adjustments made on an coverage utility requires the initials of whom? - ANSApplicant
A coverage of adhesion can best be modified by way of whom? - ANSThe coverage agency
Which of the following health policy provisions states that the manufacturer does NOT have the
authority to alternate the coverage or waive any of its provisions?
A) Time Limit on Certain Defenses
b) Reinstatement
c) Entire Contract
d) Change of Beneficiary - ANSEntire Contract
all the following are taken into consideration to be typical characteristics describing the nature of
an coverage settlement, EXCEPT:
Unilateral
Bilateral
aleatory
adhesion - ANSBilateral
The Accidental Death and Dismemberment (AD&D) provision in a lifestyles insurance policy
might pay extra blessings if the insured:
a) dies of natural reasons
b) becomes significantly unwell
c) will become chronically ill
d) is blinded in an twist of fate - ANSis blinded in an twist of fate
Which health policy clause stipulates that an insured employer have to attach a duplicate of the
application to the policy to make sure that it's miles part of the contract?
A) consideration
b) Entire Contract
c) Free-look
d) Insuring - ANSEntire Contract
Coverage for human leukocyte antigen checking out for bone marrow transplantation is
REQUIRED to be furnished in all
a) Long-term care policies
, b) Short-term incapacity rules
c) Cancer policies
d) Group comprehensive fitness regulations - ANSGroup complete health rules
The phrase "This coverage will only pay for a semi-personal room" is an example of a(n):
a) most policy limit
b) inner restrict
c) prevent loss
d) participation percent - ANSinternal restrict
T and S are named co-primary beneficiaries on a $500,000 Accidental Death and
Dismemberment coverage insuring their father. Their mother was named contingent beneficiary.
Five years later, S dies of herbal reasons and the father is killed in a scuba coincidence quickly
afterwards. How a great deal of the demise gain will the mother acquire?
A) $1,000,000
b) $500,000
c) $250,000
d) $zero - ANS$zero
A comprehensive predominant scientific medical insurance coverage contains an Eligible
Expenses provision which identifies the varieties of health care offerings that are covered. All of
the subsequent health care services are normally protected, EXCEPT for: - ANSexperimental
and investigative services
an insured these days took out a most cancers insurance policy. The time restriction on positive
defenses provision on this policy permits the insurer - ANSto deny the amount of a declare for
misstatements at the application occurring prior to the expiration of the first coverage years
Which kind of renewability nice describes a Disability Income policy that covers an character till
the age of 65, but the insurer has the right to trade the premium price? - ANSGuaranteed
renewable
Periodic fitness declare payments MUST be made as a minimum:
a) monthly
b) weekly
c) day by day
d) yearly - ANSmonthly
If a retiree on Medicare required five health center stays in one year, which coverage could offer
the high-quality coverage for excess hospital prices? - ANSMedicare supplement
Who advantages in Investor-Originated Life Insurance (IOLI) when the insured dies?
A) beneficiary
b) insured
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