Accident insurance answe - Study guides, Class notes & Summaries

PSI - NY Life, Accident and Health Practice Exam 17-55, Just my cards + 199+ 75 ( TEST) (LOT) Exam | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ Which policy provision permits the policy owner to take a specified number of days to examine the contract, and allows for cancellation and a full refund if the policy owner rejects the terms or costs? - Answer -Free Look When will a policy pay on a UCR basis? - Answer -When particular benefits are not listed on a paym...

South Carolina Insurance Exam Questions & Answers 100% accurate! An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? - ANSWERSInflation protection Which of these riders will pay a death benefit if the insured's spouse dies? - ANSWERSFamily term insurance rider Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - ANSWERSNonconcellable What is the required acti...

FINAL EXAM REVIEW - Texas life and health Questions and Answers 100% Pass If, at the time of an insured's death, the insurance company discovers that the insured's age was misstated on the application for life insurance, the company will most likely - Answer- pay the policy proceeds in the amount the premiums would have purchased at the insured's actual age The provision in a health insurance policy that suspends premiums being paid to the insurer while the insured is disabled is calle...

Texas all lines adjuster exam questions and answers 100% pass All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: -Answer-While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an Ocean Marine poli...

Health And Accident Insurance: Questions And Answers

Accelerated Benefits -ANSWER Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses Accident -ANSWER An unplanned, unforeseen event which occurs suddenly and at an unspecified place Accident Insurance -ANSWER A type of insurance that protects the insured against loss due to accidental bodily injury Accidental Bodily Injury -ANSWER Unplanned, unforeseen traumatic injury to the body Accidental Death Benefits -ANSW...

Annuity Certain - ANSWER Maria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANSWER The type of policy which pays on the death of the last person is called Malign another insurer - ANSWER Defamation occurs when a producer makes a false statement intended to A 70 year old NOT eligible for Social Security *You are not eligible to receive Medicare Part A benefits at age 65 or older if you are el...

You can register your vehicle before GA residency is established - ANSWER-False The Personal Injury Protection (PIP) segment of your policy cover you in the case of collisions that occur with any kind of object - ANSWER-False In GA, the minimum amount of bodily injury insurance is $50,000 for two people in a motor vehicle accident - ANSWER-True If the emissions inspection sticker needs to be replaced due to windshield replacement, this must be done within one year of the replacement of ...

California Life Accident and Health Exam Practice Questions With Correct and Verified Answers 2023 (Already Graded A+) WHEN ONE TAKES ACTION TO MINIMIZE THE SEVERITY OF A POTENTIAL LOSS - Answer A GOOD EXAMPLE OF RISK REDUCTION MIGHT BE: A WHEN ONE TAKES ACTION TO MINIMIZE THE SEVERITY OF A POTENTIAL LOSS B THE ELIMINATION OF THE EXPOSURE TO A SPECIFIC RISK C THE TRANSFER OF THE RISK TO AN INSURANCE COMPANY D INSURING ONLY THOSE RISKS THAT THREATEN THE FINANCIAL STABILITY OF THE INSUR...