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Texas Life &Health insurance exam |Questions with 100% Correct Answers
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Texas Life &Health insurance exam |Questions with 100% Correct Answers
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Texas Life &Health insurance exam|Questions with 100% Correct Answers
All of the following are prohibited provisions in a long term care policy, except?
a) limits or denies benefits to a policy holder who is diagnosed with any
destructive brain tissue disease with will result in loss of brain function
b) provides coverage for only skilled nursing care instead of lower levels of care
c) canceling a policy due to nonpayment of premium
d) cancels, non-renews, or terminates the policy on the grounds of age or
deterioration of the mental or physical health of the insured - ✔ ✔ Answer: C
Canceling a policy due to nonpayment or premium
The OASDHI Old Age, Disability, and Health Insurance is also known as?
a) medicaid
b) medicare
c) social security
d) worker's compensation - ✔ ✔ Answer:
C Social security
What part of medicare pays for prescription drugs?
a) part a
b) part d
c) part b
,d) part c - ✔ ✔ Answer:
B Part D
Long term care policies pay for all of these, EXCEPT?
a) skilled nurses
b) rehabilitation
c) substance abuse
d) home health care - ✔ ✔ Answer:
C Substance abuse
In order to have Medicare part C the individual must have?
a) A, B and D
b) A only
c) A and B
d) B only - ✔ ✔ Answer:
C A and B
P is 65 years old, he has medical coverage that pays his doctors visits and his
hospital bills. he most likely has?
a) major medical
b) medicare A and B
c) Long term care
d) cancer policy - ✔ ✔ Answer:
B Medicare A and B
,Medicare A and B pays for?
a) A the hospital, B physicians service
b) A the doctor, B the hospital
c) A the physical exam, B the hospital
d) A the hospital, B prescription drugs - ✔ ✔ Answer:
A A the hospital, B physicians service
Which policy provides the most protection for the least amount of money?
a) term life
b) universal life
c) equity indexed whole life
d) adjustable life - ✔ ✔ Answer:
A Term life
Which policy is a 2nd or last to die policy?
a) joint life
b) variable life
c) modified whole life
d) joint survivor life - ✔ ✔ Answer:
D Joint life survivor
Where is the Straight Whole Life insurance policy will you find the parties in
the contract?
, a) consideration clause
b) common disaster clause
c) incontestable clause
d) insuring clause - ✔ ✔ Answer:
D Insuring clause
P wants a life policy with quick cash value accumulation. Which policy should
the producer recommend?
a) straight whole life
b) 20 year level term
c) 20 pay limited life
d) both the 20 pay limited whole life and the straight whole life have the
same accumulation rate - ✔ ✔ Answer: C
20 pay limited life
Which policy pays the face amount at the end of the payment period?
a) life paid up at age 60
b) endowment at age 65
c) 20 pay whole life
d) 15 pay whole life - ✔ ✔ Answer:
B Endowment at age 65
Which of the following would be true if a child rider on a life insurance policy?
a) the child will be offered a conversion option to convert a permanent plan
without proof of insurability at a specific age such as 21
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