NJ HEALTH AND ACCIDENT
QUESTIONS WITH COMPLETE
ANSWERS
In mmwhat mmform mmdo mmdisability mmincome mmpolicies mmtypically mmpay mmbenefits mm-
mmANS-Periodic mmincome
The mmMandatory mmhealth mmpolicy mmprovision mmstates mmthat mmthe mmpolicy,
mmincluding mmendorsements mmand mmattached mmpapers, mmconstitutes mm- mmANS-The
mmentire mminsurance mmcontract mmbetween mmthe mmparties
The mmentire mmcontract mmincludes mmthe mmactual mmpolicy mmand mmthe mm- mmANS-
application
employer mmsponsored mmgroup mmhealth mminsurance mmprovides mmcoverage mmfor
mmwhich mmof mmthe mmfollowing mm- mmANS-Alcoholism
The mmterm mmwhich mmdescribes mmthe mmfact mmthat mmboth mmparties mmof mma
mmcontract mmmay mmnot mmreceive mmthe mmsame mmvalue mmis mmreferred mmto mmas mm-
mmANS-Aleatory
Tom mmhas mma mmhome mmhealth mmcare mmbenefit mmand mmis mmconfined mmto mmhis
mmhome. mmWhich mmof mmthese mmis mmNOT mmtypically mmcovered mm- mmANS-Full-time
mmnursing mmcare
A mmMedicare mmSupplement mmpolicy mmcan mmbe mmcancelled mmby mmthe mminsurer
mmfor mm- mmANS-Nonpayment
Credit mmAccident mmand mmHealth mmplans mmare mmdesigned mmto mm- mmANS-help mmpay
mmoff mmexisting mmloans mmduring mmperiods mmof mmdisability
A mmpayment mmsystem mmfor mmhealth mmcare mmin mmwhich mmthe mmprovider mmis mmpaid
mmfor mmeach mmservice mmgiven mmis mmcalled mm- mmANS-fee-for-service
An mminsurance mmcompany mmONLY mmpay mma mmsales mmcommission mmto mm- mmANS-
individuals mmlicensed mmby mmthe mmstate
, Ken mmis mma mmproducer mmwho mmhas mmobtained mmConsumer mmInformation
mmReports mmunder mmfalse mmpretenses. mmUnder mmthe mmFair mmCredit mmReporting
mmAct, mmwhat mmis mmthe mmmaximum mmpenalty mmthat mmmay mmbe mmimposed mmon
mmKen? mm- mmANS-$5000 mmand mm1 mmyear mmimprisonment
A mmclosed mmnetwork mmplan mmoffers mma mmprimary mmphysician mmcopay mmof mm$25.
mmIf mma mmsubscriber mmchooses mma mmprimary mmcare mmphysician mmoutside mmof mmthe
mmnetwork, mmthe mmsubscriber mmwill mmlikely mmpay mm- mmANS-100% mmof mmthe mmbilled
mmamount
What mmis mmthe mmmaximum mmfine mmfor mma mmproducer mmviolating mman mmNJ
mminsurance mmlaw mmfor mmthe mmfirst mmtime? mm- mmANS-$5000
A mmlicensed mmproducer mmis mmrequired mmto mmfile mmnotice mmto mmany mmchanges mmof
mmaddress mmwithin mmhow mmmany mmdays mm- mmANS-30 mmdays
Jonas mmhas mmdisability mminsurance mmthrough mmhis mmemployer. mmThe mmemployer
mmpays mm75% mmof mmthe mmpremium, mmand mmJonas mmpays mmthe mmother mm25%.
mmWhat mmis mmJonas's mmtax mmliability mmfor mmany mmbenefits mmpaid mmfrom mmthe
mmdisability mmplan? mm- mmANS-Taxes mmmust mmbe mmpaid mmon mm75% mmof mmthe
mmbenefits mmreceived
After mman mminsured mmgives mmnotice mmof mmloss, mmwhat mmmust mmhe/she mmdo mmif
mmthe mminsurer mmdoes mmnot mmfurnish mmforms? mm- mmANS-File mmwritten mmproof mmof
mmloss
Which mmof mmthe mmfollowing mmis mman mmexample mmof mmthe mminsured's
mmconsideration? mm- mmANS-A mmpaid mmpremium
A(n) mm_______ mminsurance mmcompany mmis mmone mmthat mmwas mmformed mmunder
mmthe mmlaws mmof mma mmstate mmother mmthan mmNJ mm- mmANS-Foreign
Kathy mmpays mma mmmonthly mmpremium mmon mmher mmhealth mminsurance mmpolicy.
mmHow mmlong mmis mmher mmgrace mmperiod? mm- mmANS-10 mmdays
Insurance mmlicenses mmare mmintended mmto mmbe mmissued mmfor mmthe mmpurpose mmof
mmauthorizing mmthe mmtransaction mmof mmbusiness mmwith mmmembers mmof mmthe
mmgeneral mmpublic mmand mmnot mmprimarily mmallowing mmsomeone mmto mmbenefit
mmfrom mmcommissions mmon mmbusiness mmthat mminsurers mmtheir mmpersonal mminterest.
mmThe mmdescription mmof mmwhich mmof mmthe mmfollowing? mm- mmANS-Controlled
mmbusiness
A mmmaster mmcontract mmand mmcertified mmcoverage mmcan mmbe mmfound mmin mmwhich
mmtype mmof mmpolicy? mm- mmANS-Group
QUESTIONS WITH COMPLETE
ANSWERS
In mmwhat mmform mmdo mmdisability mmincome mmpolicies mmtypically mmpay mmbenefits mm-
mmANS-Periodic mmincome
The mmMandatory mmhealth mmpolicy mmprovision mmstates mmthat mmthe mmpolicy,
mmincluding mmendorsements mmand mmattached mmpapers, mmconstitutes mm- mmANS-The
mmentire mminsurance mmcontract mmbetween mmthe mmparties
The mmentire mmcontract mmincludes mmthe mmactual mmpolicy mmand mmthe mm- mmANS-
application
employer mmsponsored mmgroup mmhealth mminsurance mmprovides mmcoverage mmfor
mmwhich mmof mmthe mmfollowing mm- mmANS-Alcoholism
The mmterm mmwhich mmdescribes mmthe mmfact mmthat mmboth mmparties mmof mma
mmcontract mmmay mmnot mmreceive mmthe mmsame mmvalue mmis mmreferred mmto mmas mm-
mmANS-Aleatory
Tom mmhas mma mmhome mmhealth mmcare mmbenefit mmand mmis mmconfined mmto mmhis
mmhome. mmWhich mmof mmthese mmis mmNOT mmtypically mmcovered mm- mmANS-Full-time
mmnursing mmcare
A mmMedicare mmSupplement mmpolicy mmcan mmbe mmcancelled mmby mmthe mminsurer
mmfor mm- mmANS-Nonpayment
Credit mmAccident mmand mmHealth mmplans mmare mmdesigned mmto mm- mmANS-help mmpay
mmoff mmexisting mmloans mmduring mmperiods mmof mmdisability
A mmpayment mmsystem mmfor mmhealth mmcare mmin mmwhich mmthe mmprovider mmis mmpaid
mmfor mmeach mmservice mmgiven mmis mmcalled mm- mmANS-fee-for-service
An mminsurance mmcompany mmONLY mmpay mma mmsales mmcommission mmto mm- mmANS-
individuals mmlicensed mmby mmthe mmstate
, Ken mmis mma mmproducer mmwho mmhas mmobtained mmConsumer mmInformation
mmReports mmunder mmfalse mmpretenses. mmUnder mmthe mmFair mmCredit mmReporting
mmAct, mmwhat mmis mmthe mmmaximum mmpenalty mmthat mmmay mmbe mmimposed mmon
mmKen? mm- mmANS-$5000 mmand mm1 mmyear mmimprisonment
A mmclosed mmnetwork mmplan mmoffers mma mmprimary mmphysician mmcopay mmof mm$25.
mmIf mma mmsubscriber mmchooses mma mmprimary mmcare mmphysician mmoutside mmof mmthe
mmnetwork, mmthe mmsubscriber mmwill mmlikely mmpay mm- mmANS-100% mmof mmthe mmbilled
mmamount
What mmis mmthe mmmaximum mmfine mmfor mma mmproducer mmviolating mman mmNJ
mminsurance mmlaw mmfor mmthe mmfirst mmtime? mm- mmANS-$5000
A mmlicensed mmproducer mmis mmrequired mmto mmfile mmnotice mmto mmany mmchanges mmof
mmaddress mmwithin mmhow mmmany mmdays mm- mmANS-30 mmdays
Jonas mmhas mmdisability mminsurance mmthrough mmhis mmemployer. mmThe mmemployer
mmpays mm75% mmof mmthe mmpremium, mmand mmJonas mmpays mmthe mmother mm25%.
mmWhat mmis mmJonas's mmtax mmliability mmfor mmany mmbenefits mmpaid mmfrom mmthe
mmdisability mmplan? mm- mmANS-Taxes mmmust mmbe mmpaid mmon mm75% mmof mmthe
mmbenefits mmreceived
After mman mminsured mmgives mmnotice mmof mmloss, mmwhat mmmust mmhe/she mmdo mmif
mmthe mminsurer mmdoes mmnot mmfurnish mmforms? mm- mmANS-File mmwritten mmproof mmof
mmloss
Which mmof mmthe mmfollowing mmis mman mmexample mmof mmthe mminsured's
mmconsideration? mm- mmANS-A mmpaid mmpremium
A(n) mm_______ mminsurance mmcompany mmis mmone mmthat mmwas mmformed mmunder
mmthe mmlaws mmof mma mmstate mmother mmthan mmNJ mm- mmANS-Foreign
Kathy mmpays mma mmmonthly mmpremium mmon mmher mmhealth mminsurance mmpolicy.
mmHow mmlong mmis mmher mmgrace mmperiod? mm- mmANS-10 mmdays
Insurance mmlicenses mmare mmintended mmto mmbe mmissued mmfor mmthe mmpurpose mmof
mmauthorizing mmthe mmtransaction mmof mmbusiness mmwith mmmembers mmof mmthe
mmgeneral mmpublic mmand mmnot mmprimarily mmallowing mmsomeone mmto mmbenefit
mmfrom mmcommissions mmon mmbusiness mmthat mminsurers mmtheir mmpersonal mminterest.
mmThe mmdescription mmof mmwhich mmof mmthe mmfollowing? mm- mmANS-Controlled
mmbusiness
A mmmaster mmcontract mmand mmcertified mmcoverage mmcan mmbe mmfound mmin mmwhich
mmtype mmof mmpolicy? mm- mmANS-Group
