Arizona life and health - Study guides, Class notes & Summaries

ARIZONA LIFE AND HEALTH FINAL EXAM 2024 The purpose of the 'No loss No Gain' provision is to avoid duplication of _____ and _____ when an individual is covered under multiple group health insurance plans: - correct answer Benfit payments and overinsurance A life insurance policy can usually be contested by the insurer only during the first ____ years of the contract - correct answer 2 years After an annuity has been in force for ____ years, it becomes incontestable - correct answer 2 ...

If dividend option choices are offered on a whole life insurance policy, the policy MUST - ANSWER contain a statement that dividends are NOT guaranteed An insured files for an accident and health insurance policy claim eight days after the premium due date. The benefit payable is $500 and the overdue premium is $200. Assuming that the policy pays on a first-dollar basis and contains the unpaid premium provision, how much will the insurer pay? - ANSWER $300 A licensee or applicant who is ...

A policy owner suffers a covered accident and health insurance loss in June 30 and submits the proof of loss to the insurer July 10. If the policy owner cancelled the coverage on July 2, how will the insurance company handle the claim? - Claim must be paid after proof of loss is received A health plan offered by private insurance companies is? - A Medicare Supplement A licensee whose name or address changes must notify the Department of Insurance within? - 30 Days A life annuity with a per...

Military Families - ANSWER Which of the following does TRI-CARE provide accident and health coverage Inpatient Drugs - ANSWER Medicare Part A typically covers to The insured's education, training, and experience - ANSWER What is taken into consideration when defining 'total disability' in a disability income insurance policy 8:00 AM and 9:00 PM - ANSWER Telemarketing calls may only be received between the hours of After a stated period of time, claims cannot be denied due to...

Insurance crimes which affect interstate commerce are prosecuted by the - ANSWER US Attorney General A(n)___insurer restricts the exposures it writes to those of its owners. - ANSWER Captive Which statement best defines what a Policy Title means on an insurance policy? - ANSWER Every policy must have a title on the face and on the back of the policy, briefly describing the policy When a health insurance policy includes a Mandatory Second Surgical Opinion provision, the insured must - AN...

XCEL Arizona Life and Health Insurance State Exam 200 Questions with Verified Answers

Under a long-term care inflation rider, the benefit levels - ANS periodically increase without proof of insurability In order for a health plan to be an "accountable health plan", who has to approve it? - ANS the director Medicare Part A coinsurance payments are covered by - ANS Medicare Supplement Plan A Employees generally receive workers compensation benefits for - ANS lost wages and medical expenses due to occupational accidents What year was the Mental Health Parity an...

Arizona life and health insurance exam Questions and Answers 100% Pass When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to do? - Correct Answer ️️ -Give notice, explain, and allow opting out Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after - Correct Answer ️️ -9:00 PM A health plan offered by private insurance companies is - Correct Answer ️️ -Medicare Supplement Chris has a single major med...

XCEL Arizona Life and Health Insurance State Exam Questions and Answers Graded A Under a long-term care inflation rider, the benefit levels periodically increase without proof of insurability In order for a health plan to be an "accountable health plan", who has to approve it? the director Medicare Part A coinsurance payments are covered by Medicare Supplement Plan A Employees generally receive workers compensation benefits for lost wages and medical expenses due to occupational accidents ...

Arizona life and health insurance Exam 236 Questions with Verified Answers