Kansas Insurance Practice Exam Questions and answers with 100% Complete solutions | verified &updated 2024

Kansas Insurance Practice Exam Questions and answers with 100% Complete solutions | verified &updated 2024 The consideration clause in an accident and health policy states the - applicant pays the initial premium Which of the following reports may include information obtained by a telephone call to the proposed insured? - Inspection report Health insurance policies are offered on a "take it or leave it" basis and referred to as - Contracts of Adhesion The insurance policy clause that identifies the contracting parties and defines the scope and limits of coverage is called - Insuring clause Which of the following statements is CORRECT about a Waiver of Premium provision in a Disability Income Policy? - It allows the insured to maintain a policy in force while disabled and unable to pay premiums. The coordination of benefits clause found in group health master contracts is used to - avoid double payment of benefits to an insured who has duplicate group coverages Which of the following provisions designates to whom claim payments are made? - Payment of Claims Medicare supplement policies are primarily designed to - provide additional benefits beyond those provided by Medicare A married insured has an AD&D policy that names his brother as the primary beneficiary and his son as the contingent beneficiary. If the insured and his brother are both killed instantly in a train accident, the policy proceeds would be paid to which of the following? - The insured's son Group health insurance specifies that what percentage of eligible individuals MUST be offered coverage under a noncontributory plan? - 100