Dread specified disease - Study guides, Class notes & Summaries

The insurer may increase the premium rate after the policy is in effect provided it does so by classes of insureds. - Answer-All of the following statements about noncancellable polices are true EXCEPT A factory worker fractures an elbow while working overtime. - Answer-Which of the following qualifies as a compensable injury under Workers Compensation coverage? Information and Privacy Protection Act - Answer-Which of the following represents certain consumer safeguards enacted by states a...

California Life, Accident, and Health Licensing Questions and Answers Already Passed Co-insurance - Answer ️️ -The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - Answer ️️ -The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - Answer ️️ -When a disability income policy provides coverage for injuries which occur on and off the...

At what point does a self-insured group qualify for stop-loss coverage? When the insured reaches an age stated in the policy When claims exceed a specified limit in a set period of time When claims exceed the policy's maximum lifetime benefit limit When the average claim amount exceeds the limit stated in the policy - B) An insured has a health plan that pays established amounts in accordance with a list of injuries, surgical procedures, or other losses. This list is called a loss chart ...

Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. Document Content and Description Below Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. What contract term means only one party to a contract's promises are legally enforceable? - Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The insurer is obligated to: - Pay the death benefit. The benefit that encou...

California Life, Accident, and Health Licensing Exam Questions and Answers 100% Pass Co-insurance - Correct Answer ️️ -The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - Correct Answer ️️ -The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - Correct Answer ️️ -When a disability income policy provides coverage for injuries wh...

Life and Health Insurance Exam Kentucky State Exam Q&A 2024 C. The insurer may increase the premium rate after the policy is in effect provided it does so by classes of insureds - CORRECT ANSWER-All of the following statements about non-cancellable policies are true EXCEPT A. A noncancellible police is also called a noncancellible and guaranteed renewable policy B. The only right to cancel the noncancellable policy is for nonpayment of premiums C. The insurer may increase the premi...

California Life, Accident, and Health Licensing Questions and Answers Already Passed Co-insurance - Answer ️️ -The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - Answer ️️ -The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - Answer ️️ -When a disability income policy provides coverage for injuries which occur on and off the...

California Life, Accident, and Health Licensing Exam Questions and Answers 100% Pass Co-insurance - Correct Answer ️️ -The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - Correct Answer ️️ -The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - Correct Answer ️️ -When a disability income policy provides coverage for injuries wh...

Co-insurance - The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - When a disability income policy provides coverage for injuries which occur on and off the job Most disability income policies are non occupational, meaning - They only cover the insured if they become disabled while awa...

Co-insurance - The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - When a disability income policy provides coverage for injuries which occur on and off the job Most disability income policies are non occupational, meaning - They only cover the insured if they become disabled while a...