Age of the subscriber - Study guides, Class notes & Summaries

Segregated Funds & Annuities - Chapter 4 Exam Questions and Answers If a person begins receiving their pension at age 60, how do you calculate their penalty for the early pension? -Correct Answer-The penalty for early pension is 0.6% per month or 7.2% per year (which is equal to 0.6 * 12 months). Power of attorney for property. (Reference: Chapter 4) -Correct Answer-A client is concerned that they may not be able to make sound decisions regarding their savings. Which document would be mos...

a negative reaction to prescribed medication - ANSWER-Major medical insurance will typically cover medical expenses that result from Making the policy effective on an earlier date than the present - ANSWER-What is involved when a life insurance policy has been backdated Pay age corrected benefits - ANSWER-What is an insurer required to do when faced with an error made under the Misstatement of Age provision? Limited policies - ANSWER-Low frequency diseases can be exclusively covered by ...

APCO TEST QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE 2024/2025 (100% CORRECT) List the combined verbal and nonverbal elements that communicate to the telecommunicator the situation being reported - Answer- Comfortable tone Encourages conversation Demonstrates interest Signals understanding Message format List and describe the six components of the communications cycle - Answer- The sender: the person who initiates the conversation Receiver: The target of the conversation. Can be a per...

XCEL Final Exam Practice All Answers Graded A+ A negative reaction to prescribed medication ️ Major medical insurance will typically cover medical expenses that result from. Making the policy effective on an earlier date than the present ️ What is involved when a life insurance policy has been backdated? Pay age corrected benefits ️ What is an insurer required to do when faced with an error made under the Misstatement of Age provision? Limited policies ️ Low fre...

+ An accident and health policy that provides reimbursement benefits makes them payable to? - CORRECT ANSWER-Insured Which of the following is NOT part of an insurance contract - CORRECT ANSWER-Certificate of Authority -Policy -Application -Riders An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? - CORRECT ANSWER-$200 insured only responsible for 20% coins...

A beneficiary change can occur? - normally at any time during the policy term A disability policy where the premiums are due monthly require a grace period of? - 10 days A domestic insurance company in NY must - formed under the laws of New York A dread disease policy is considered to be a type of? - Limited health insurance policy (travel accidents, dread disease, hospital income) A field underwriter's main task is? - To ensure an applicant's medical info is accurate and complete A hosp...

CHAM Exam Questions With 100% Correct Answers Accepting Assignment - answerWhen a provider agrees to accept the allowable charges as the full fee and cannot charge the patient the difference between the insurance payment and the provider's normal fee. Access - answerThe patient's ability to obtain medical care. The ease is determined by such components as the availability of medical services and their acceptability to the patient, the location of health-care facilities, transportation, ...

APCO TEST QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE 2024/2025 | 100% CORRECT!! List the combined verbal and nonverbal elements that communicate to the telecommunicator the situation being reported - Answer- Comfortable tone Encourages conversation Demonstrates interest Signals understanding Message format List and describe the six components of the communications cycle - Answer- The sender: the person who initiates the conversation Receiver: The target of the conversation. Can be a p...

If a person begins receiving their pension at age 60, how do you calculate their penalty for the early pension? - ANSWER-The penalty for early pension is 0.6% per month or 7.2% per year (which is equal to 0.6 * 12 months). Power of attorney for property. (Reference: Chapter 4) - ANSWER-A client is concerned that they may not be able to make sound decisions regarding their savings. Which document would be most appropriate? Longevity Risk. (Reference: Chapter 4) - ANSWER-Which type o...

CHAM Exam Questions With 100% Correct Answers Accepting Assignment - answerWhen a provider agrees to accept the allowable charges as the full fee and cannot charge the patient the difference between the insurance payment and the provider's normal fee. Access - answerThe patient's ability to obtain medical care. The ease is determined by such components as the availability of medical services and their acceptability to the patient, the location of health-care facilities, transportation, ...