Aflac Exam Practice Questions and Answers (100% Pass)
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Course
Aflac Insurance
Institution
Aflac Insurance
Aflac Exam Practice Questions and
Answers (100% Pass)
How would a contingent beneficiary receive the policy proceeds in an
Accidental Death and Dismemberment (AD&D) policy? - Answer️️ -If the
primary beneficiary dies before the insured
S is employed by a large corporation that provides gro...
Aflac Exam Practice Questions and
Answers (100% Pass)
How would a contingent beneficiary receive the policy proceeds in an
Accidental Death and Dismemberment (AD&D) policy? - Answer✔️✔️-If the
primary beneficiary dies before the insured
S is employed by a large corporation that provides group health coverage
for its employees and their dependents. If S dies, the company must allow
his surviving spouse and dependents to continue their group health
coverage for a maximum of how many months under COBRA regulations?
- Answer✔️✔️-36
The difference between group insurance and blanket health policies is: -
Answer✔️✔️-Blanket health policies do not issue certificates
P is a new employee and will be obtaining non-contributory group Major
Medical insurance from her employer. Which of the following actions must
she take during the open enrollment period? - Answer✔️✔️-Sign an
enrollment card
G is an accountant who has ten employees and is concerned about how the
business would survive financially if G became disabled. The type of policy
which BEST addresses this concern is: - Answer✔️✔️-Business Overhead
Expense.
Which of the following statements BEST describes how a policy that uses
the "accidental bodily injury" definition of an accident differs from one that
uses the "accidental means" definition? - Answer✔️✔️-Less restrictive
How does group insurance differ from individual insurance? - Answer✔️✔️-
Premiums are lower
If the insured and primary beneficiary are both killed in the same accident
and it cannot be determined who died first, where are the death proceeds
to be directed under the Uniform Simultaneous Death Act? - Answer✔️✔️-
Insured's contingent beneficiary
B has a $100,000 Accidental Death and Dismemberment policy that pays
triple indemnity for common carrier death. If B is killed from an accident
on a commercial flight, what will the policy pay B's beneficiary? -
Answer✔️✔️-$300,000
Which statement is true regarding a minor beneficiary? - Answer✔️✔️-
Normally, a guardian is required to be appointed in the Beneficiary clause
of the contract
P and Q are married and have three children. P is the primary beneficiary
on Q's Accidental Death and Dismemberment (AD&D) policy and Q's
sister R is the contingent beneficiary. P, Q, and R are involved in a car
accident and Q and R are killed instantly. The Accidental Death benefits
will be paid to: - Answer✔️✔️-P only
Under which of the following circumstances will the benefits under
COBRA continuation coverage end? - Answer✔️✔️-All group health plans
are terminated by the employer
A Business Overhead Expense policy: - Answer✔️✔️-covers business
expenses such as rent and utilities
An insured covered by Accidental Death and Dismemberment (AD&D)
insurance has just died. What will happen if the primary beneficiary had
already died before the insured and contingent beneficiary? - Answer✔️✔️-
Proceeds will go to the contingent beneficiary
The federal income tax treatment of employer-provided group Medical
Expense insurance can be accurately described as: - Answer✔️✔️-Employee's
premiums paid by the employer is tax-deductible to the employer as a
business expenditure
What is the maximum Social Security Disability benefit amount an insured
can receive? - Answer✔️✔️-100% of the insured's Primary Insurance Amount
(PIA)
Under what system do a group of doctors and hospitals in a designated
area contract with an insurer to provide services at a prearranged cost to
the insured? - Answer✔️✔️-PPO
Which of these statements is INCORRECT regarding a Preferred Provider
Organization (PPO)? - Answer✔️✔️-PPO's are NOT a type of managed care
systems
A medical care provider which typically delivers health services at its own
local medical facility is known as a: - Answer✔️✔️-Health Maintenance
Organization
Which of the following statements is true about most Blue Cross/Blue
Shield organizations? - Answer✔️✔️-They are nonprofit organizations
The percentage of an individual's Primary Insurance Amount (PIA)
determines the benefits paid in which of the following programs? -
Answer✔️✔️-Social Security Disability Income
Which of these is considered a true statement regarding Medicaid? -
Answer✔️✔️-Funded by both state and federal governments
The health insurance program which is administered by each state and
funded by both the federal and state governments is called: - Answer✔️✔️-
Medicaid
Medicare is intended for all of the following groups, EXCEPT: -
Answer✔️✔️-Those enrolled as a full-time student
What is Medicare? - Answer✔️✔️-is a hospital and medical expense
insurance program
S wants to open a tax-exempt Health Savings Account. To qualify for this
type of account, Federal law dictates that S must be enrolled in a: -
Answer✔️✔️-High-deductible health plan
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