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CONNECTICUT LIFE AND HEALTH EXAM QUESTIONS AND ANSWERS
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CONNECTICUT LIFE AND HEALTH EXAM QUESTIONS AND ANSWERS...
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CONNECTICUT LIFE AND HEALTH EXAMQUESTIONS AND ANSWERS
An agent's authority to bind an insurer to an insurance contract may be granted
in the agent's contract and the appointment of the insurance company.
Which of the following assertions about the extended-term insurance non-
forfeiture option in a life policy is correct? - ANSWER The premium for
purchasing the coverage comes from the policy's cash value.
Which of the following is not a standard feature of eligible long-term care
insurance sold in Connecticut? - ANSWER Prior hospitalization.
Which of the following coverages often includes a family counselling benefit? -
Answer: hospice care.
ANSWER Testimony refers to an insured's statement of a policy's advantages
that will be utilized in marketing materials.
Tina is covered under a company overhead expense insurance policy. Which of
the following would apply if she became disabled? - ANSWER Business
property rental expenses
An annuitant is paid $495 every month until the contract's value is depleted at
an indeterminate future period. Which form of annuity payment option is this? -
ANSWER Fixed amount
Which of the following is true for a person who has received a premium waiver
benefit? - ANSWER The insured must be incapacitated for some time.
, Elimination periods often apply to ANSWER Disability plans.
What are the possible consequences of taking out a cash-value loan under a life
insurance policy? - ANSWER Reduces the amount receivable upon
surrendering the contract
Laura has an employer-sponsored preventative health care plan that addresses
an enrollee's issues, such as drug usage or stress. These strategies are called
ANSWER wellness programs.
How long may an insurance company wait to pay a cash surrender under the
Delayed Payment clause in most states? - Answer: 6 months.
Non-occasional disability coverage is created for employees who suffer from
non-work-related disabilities, as work-related disabilities are covered by
workers' compensation.
Typically, home health care plans do not include prescription drugs.
A guaranteed renewable provision provides for ANSWER premiums that can
only be increased by rate class.
Which of the following are not covered by a comprehensive long-term care
policy? - Answer: acute care.
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