Ky health insurance - Study guides, Class notes & Summaries

KY Health Insurance Practice Exam with 100% Correct Answers | Verified | Latest Update 2024| Already Passed

KY Health Insurance Already Rated A+ ___ hours must be in the agents line of authority, and ___ hours must be on the subject of ethics ️6;3 A Medicare supplement policy must provide a free loom period of at least ️30 days A misstatement can void a contract if it is ️Material A nonprofit that operates for the exclusive benefits of its members is called: ️Fraternal benefit society A request from the commissioner for a producer to stop committing a violation is called ️A cease...

Kentucky Health Insurance Exam Q&A 2024 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 premium rate after the policy is in effect provided it does so by classes of insureds D. the insurer may regain the right to cancel or not to renew when they insured re...

KENTUCKY HEALTH INSURANCE LICENSE EXAM 2024 WITH 100% CORRECT ANSWERS Sean has renewed his health insurance policy with Ability Insurance every year for the past 3 years. At this renewal, Sean received an extra payment from his insurer as a reward for renewing his policy and to encourage him to renew his policy again next year. What is this extra amount called? 1. An endorsement 2. An accumulation 3. A supplemental benefit 4. An additional benefit - correct answer An accumulation When...

KENTUCKY HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS 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 pr...

KY Health Insurance Practice Exam with 100% Correct Answers | Verified | Latest Update 2024| Already Passed

Kentucky Health Insurance Exam Study ______ policies cover only those injuries and illnesses that occur outside of one's job. A. Limited B. Nonoccupational C. Workers compensation D. Full coverage ️B. Non-occupation A business entity acting as an agent is required to obtain what kind of license? A. an adjuster's license B. A broker's license C. An agent's license D. A consultant's license ️C. An agent's license A person or business entity who collects premiums and/or adjusts ...

Kentucky Health Insurance exam study guide Questions and Answers (Latest Update 2024)

Kentucky Health Insurance Exam Practice with 100% Correct Answers | Verified | Latest Update 2024| Already Passed

KY HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS Social security taxes are paid by employees with - correct answer after tax dollars The premiums paid by a company for group health insurance for its employees are - correct answer Tax deductible by the company and not considered taxable income to the employees Premiums for individually-owned health insurance policies may be deductible if the taxpayers medical expenses exceed - correct answer 7.5% AGD Benefits paid by individu...