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Arkansas Health and Accident Insurance Exam Questions and Answers Graded A+
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Arkansas Health and Accident Insurance Exam
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Arkansas Health and Accident InsuranceExam
fully contributory - answer A group Disability income plan that pays tax-free benefits to
covered employees is considered
express authority - answer When the principal gives the agent authority in writing, it's
referred to as
Private insurance companies - answer Which of the following provides Medicare
supplement policies?
At the time of Application - answer According to Arkansas law, when just a producer
deliver the Outline of Coverage to a Medicare Supplement applicant?
Reinsurance - answer ABC insurance company transfers part of their risk to XYZ
insurance Company. This situation is called?
6 - answerMedicare Supplement insurance is guaranteed issue if the policy effective
date is which_____ months of the insurer's Medicare Part B starting date.
Cancelable - answerThe type of Policy where the insurer can send a notice to the
insured that the policy has been cancelled in the middle of the term is called
Medicare is the secondary payer - answerMark continues working after the age of 65
and is covered through his employer's group health plan. Which of the following
statement is true?
Supplementary medical insurance - answerWhat is Medicare Part B also known as?
Unpaid provision - answerDavid submits a $500 claim for medical expenses. There is a
past-due amount owed for insurance premiums of $200. As a result, the insurer only
pays $300 for the claim. This dedication came as a result of which provision?
Limited health insurance policy - answerA dread disease policy is considered to be a
type of
Warranty - answerWhat guarantees that the statements supplied by an insurance
applicant are true?
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