Long term insurance - Study guides, Class notes & Summaries

Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Correct Ans, Business overhead expense (Explanation Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent utilities, telephone, equipment, employees" salaries, etc.) All of the following are state or federal government programs that provide he...

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

AAMS Practice Exam - Questions and Answers An employer plans to use corporate-owned life insurance to informally fund a nonqualified deferred compensation agreement and wants flexibility regarding investment choices. Which one of the following types of life insurance should this employer choose? Variable life insurance The latest economic reports have been gloomy, and the stock market is in a protracted slump. Most of your regular stock customers are selling out their positions. A new client, ...

CT LIFE & HEALTH INSURANCE EXAM 2024 (XCEL SOLUTIONS & PROMETRIC) QUESTIONS AND ANSWERS SOLVED 100% CORRECT!! Laura added a children's rider to her life insurance policy. What type of coverage was added? Answer - Level term With life insurance, the needs approach is used primarily in determining Answer - How much life insurance a client should apply for A(n) is a licensee who charges a fee for contracted insurance advisory services. Answer - Consultant Jonas is covered with disabi...

NAB test exam 2024 with complete solution graded A+ A resident was admitted to a facility on November 10th. The comprehensive assessment was completed on November 27th. Per OBRA 1987, the comprehensive assessment was completed __________________. 1. Late 2. Timely 3. Within grace period 4. In accordance with OBRA 1987 - 1. Late The __________________ has ultimate legal responsibility for the operation of a nursing facility. 1. Medical director 2. Nursing home administrator 3. Long-ter...

Test Bank for Canadian Fundamentals of Nursing 6th Edition by Potter Test Bank for Canadian Fundamentals of Nursing, 6th Edition A Complete Test Bank for Canadian Fundamentals of Nursing, 6th Edition Authors: Patricia A. Potter, Anne Griffin Perry, Patricia Stockert, Amy Hall, Barbara J. Astle, Wendy Duggle This is a Test Bank for Canadian Fundamentals of Nursing, 6th Edition. This is not the textbook. A Test Bank is a collection of exam questions with solutions based on the textbook. However it...

Wisconsin Life Insurance Exam Questions With 100% Correct Answers A 60-year-old participant in a 401(k) plan takes a distribution and rolls it over to an IRA within 60 days. Which of the following is true? a) The amount of the distribution is reduced by the amount of a 20% withholding tax b) No taxes are due since the plan participant is over age 59 1/2 c) There is a 10% early withdrawal penalty d) The amount distributed is subject to ordinary income tax - a A claimant, whi is to...

TABLE OF CONTENTS Unit 1. Thriving in Old Age 1.What Does it Mean to Age Successfully? 2.Mid-range Theory of Successful Aging 3.Understanding Older Adults: US and Global Perspectives 4.Opportunities and Challenges of Growing Old 5.An Evidence-Based Team Approach to Optimal Wellness 6.Engaging Older Adults as Partners in Their Care Unit 2. Optimizing Physical Health & Functioning 7.Health Priorities for the Older Adult 8.Challenges to Physical Health 9.Assessing the Older Adult: What'...

A broker requests a hearing with the Commissioner. Within how many days of the request must the hearing be held? - 30 Collision coverage extends to rented passenger vehicles that have been rented for - No more than 30 days. Every vehicle insurance policy issued and delivered in Maryland must provide coverage for medical, hospital and disability benefits, unless - Waived by the first named insured. When an insurer desires to cancel or non-renew a property insurance policy, they must give ad...