Alabama health - Study guides, Class notes & Summaries

Peril Types associated with accident and health insurance - correct answer sickness accidental injury sickness - correct answer first deems itself when policy is in force accidental injury - correct answer Unforeseen and unintended injury that resulted from an accident rather than a sickness type of policies for health insurance - correct answer medical expenses loss of income due to disability dental expense long term care Aleatory Contract - correct answer The exchange of value...

Pure - Answer- Insurance is defined as the transfer of ______________ risk to the insurance company in consideration for a premium. Pure Risk - Answer- The chance of loss without any chance of gain is called ___________ Speculative Risk - Answer- has the possibility for gain or loss and is not insurable. Risk - Answer- is defined as the chance of loss. Exposure - Answer- A condition that could result in a loss is known as Hazard - Answer- is something that increases the chance of ...

According to the Alabama Insurance Regulations, all of the following are included as advertisements except: - Answer- A birthday card sent to a policyowner by his or her agent According to the Alabama Insurance regulations, when using an illustration in the sale of a life insurance policy, an insurance producer may legally do what? - Answer- Use an illustration which has "non-guaranteed" elements According to the Optional Provision of a standard Health policy dealing with the issue of ...

According to the Alabama Insurance Regulations, all of the following are included as advertisements except: A birthday card sent to a policyowner by his or her agent According to the Alabama Insurance regulations, when using an illustration in the sale of a life insurance policy, an insurance producer may legally do what? Use an illustration which has "non-guaranteed" elements According to the Optional Provision of a standard Health policy dealing with the issue of "unpaid p...

Alabama Health Insurance Exam

Pure Insurance is defined as the transfer of ______________ risk to the insurance company in consideration for a premium. Pure Risk The chance of loss without any chance of gain is called ___________ Speculative Risk has the possibility for gain or loss and is not insurable. Risk is defined as the chance of loss. Exposure A condition that could result in a loss is known as Hazard is something that increases the chance of loss. Physical Hazard The ...

Pure - ANSWER Insurance is defined as the transfer of ______________ risk to the insurance company in consideration for a premium. Pure Risk - ANSWER The chance of loss without any chance of gain is called ___________ Speculative Risk - ANSWER has the possibility for gain or loss and is not insurable. Risk - ANSWER is defined as the chance of loss. Exposure - ANSWER A condition that could result in a loss is known as Hazard - ANSWER is something that increases the chance of loss. ...

Alabama Health and Life Ins Exam

Module 3 Study Guide with answers NUR 505 Adv. Health Assessment Exam 1 University of Alabama. Covers vital signs Pain and Mental Health.