Health and life insuranc - Study guides, Class notes & Summaries

UTAH HEALTH AND LIFE INSURANCE EXAM WITH 500 EXAM QUESTIONS AND 100% CORRECT VERIFIED ANSWERS/ UTAH HEALTH AND LIFE INSURANCE AGENT LICENSE EXAM (BRAND NEW!!) Which of the following is TRUE about the definition of "accident" in a Utah accident and health policy? - ANSWER-A policy is not allowed to use terms such as "external," "violent," "visible wounds," or similar The maximum benefits per person provided under Utah's NetCare Plan must be at least: - ANSWER-$250,000 annual l...

Mississippi Health and Life Insurance Exam Latest Update Graded A+ Accident An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance A type of insurance that protects the insured against loss due to accidental bodily injury Accidental Death and Dismemberment An insurance policy which pays a specified amount or a specified multiple of the insured's benefit if the insured dies, loses sight, or loses two limbs due to an accident Accident...

VA State Health and Life Insurance Exam CH12 Already Passed Who owns an employer group health policy? A) The employer only B) The agent C) The employees D) Both the employer and the employees A) The employer only It is common for an employer to obtain group health insurance for the benefit of their employees. The employer is the owner of the policy and determines what classes of employees will covered. Which of the following type of insurance protects a lending institution from ...

Florida Health and Life Insurance State Exam Practice Part 1 Questions With Complete Solutions

Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers) How soon can the benefit payments begin with a deferred annuity? - CORRECT ANSWER A minimum of 12 months after date of purchase Which of these factors is NOT taken into consideration when determining the cost of a long- term care policy? - CORRECT ANSWER Personal income An agent is legally permitted to share his/her commissions - CORRECT ANSWER with another licensed agent The waiver ...

Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers) How soon can the benefit payments begin with a deferred annuity? - CORRECT ANSWER A minimum of 12 months after date of purchase Which of these factors is NOT taken into consideration when determining the cost of a long- term care policy? - CORRECT ANSWER Personal income An agent is legally permitted to share his/her commissions - CORRECT ANSWER with another licensed agent The waiver ...

Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers) How soon can the benefit payments begin with a deferred annuity? - CORRECT ANSWER A minimum of 12 months after date of purchase Which of these factors is NOT taken into consideration when determining the cost of a long- term care policy? - CORRECT ANSWER Personal income An agent is legally perm

Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers) Insurance - CORRECT ANSWER A contract that indemnifies another against loss, damage, or liability Indemnify - CORRECT ANSWER To make one whole by restoring them to the same financial position that existed before the loss Pure risk - CORRECT ANSWER There is only a chance of loss and there is no possibility for gain (insurable) Speculative risk - CORRECT ANSWER Uncertainty of loss or g...

What is the maximum Social Security Disability benefit amount an insured can receive? 100% of the insured's Primary Insurance Amount (PIA) During the appeal period, an agent may successfully appeal license termination due to continuing education requirements if proof of compliance is provided Insurance agents MUST maintain premiums in a fiduciary capacity and remit them in the ordinary course of business Which of the following individuals is required to hold an appointment with an insuran...

PENNSYLVANIA STATE HEALTH AND LIFE INSURANCE EXAM 2024 Plan A - correct answer Which of the following must be present in all medicare supplement plans? National Do not call registry - correct answer What was created to keep telemarketers from calling consumers who do not wish to be contacted? Indemnity - correct answer Which insurance principle states that if a policy allows for greater compensation than the financial loss incurred, the insured may only receive benefits for the amount l...