NJ Health and Accident Questions and Answers 100% Pass
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Module
NJ Health and Accident
Institution
NJ Health And Accident
NJ Health and Accident Questions and Answers 100% Pass
In what form do disability income policies typically pay benefits
Periodic income
The Mandatory health policy provision states that the policy, including endorsements and attached papers, constitutes
The entire insurance contract between ...
NJ Health and Accident Questions and Answers 100% Pass
In what form do disability income policies typically pay benefits
Periodic income
The Mandatory health policy provision states that the policy, including
endorsements and attached papers, constitutes
The entire insurance contract between the parties
The entire contract includes the actual policy and the
application
employer sponsored group health insurance provides coverage for which of the
following
Alcoholism
The term which describes the fact that both parties of a contract may not receive
the same value is referred to as
Aleatory
Tom has a home health care benefit and is confined to his home. Which of these
is NOT typically covered
Full-time nursing care
,A Medicare Supplement policy can be cancelled by the insurer for
Nonpayment
Credit Accident and Health plans are designed to
help pay off existing loans during periods of disability
A payment system for health care in which the provider is paid for each service
given is called
fee-for-service
An insurance company ONLY pay a sales commission to
individuals licensed by the state
Ken is a producer who has obtained Consumer Information Reports under false
pretenses. Under the Fair Credit Reporting Act, what is the maximum penalty that
may be imposed on Ken?
$5000 and 1 year imprisonment
A closed network plan offers a primary physician copay of $25. If a subscriber
chooses a primary care physician outside of the network, the subscriber will
likely pay
100% of the billed amount
What is the maximum fine for a producer violating an NJ insurance law for the
first time?
, $5000
A licensed producer is required to file notice to any changes of address within
how many days
30 days
Jonas has disability insurance through his employer. The employer pays 75% of
the premium, and Jonas pays the other 25%. What is Jonas's tax liability for any
benefits paid from the disability plan?
Taxes must be paid on 75% of the benefits received
After an insured gives notice of loss, what must he/she do if the insurer does not
furnish forms?
File written proof of loss
Which of the following is an example of the insured's consideration?
A paid premium
A(n) _______ insurance company is one that was formed under the laws of a state
other than NJ
Foreign
Kathy pays a monthly premium on her health insurance policy. How long is her
grace period?
10 days
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