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

Kentucky Life and Health Insurance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A QUESTION The only party in an insurance contract that makes a legally enforceable promise is the insurance company. Because of this, insurance contracts are considered to be: conditional aleatory unilateral contracts of adhesion Answer: unilateral Insurance contracts are unilateral. This means that only one party (the insurer) makes any kind of ...

routes of non-parenteral medication - ️️topical- only affects area where it is applied rectal vaginal transdermal (patches) inhalation (inhaler) ophthalmic (eye drops) otic (ear drops) nasal Factors effecting nutrition: development:Infant - (birth to 1yr) - ️️nutritional needs rapid period of growth breast fed bottle fed solid foods pancreatic amylase lipids (9kcal/gram) - ️️Insoluble in water & blood simple compound Triglycerides (95% of lipids in diet) Classificat...

KENTUCKY LIFE AND HEALTH INSURANCE EXAM 150 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

KENTUCKY LIFE AND HEALTH INSURANCE EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

Kentucky Life and Health Insurance Exam Prep| Questions and Verified Answers| 100 % Correct| Grade A (New 2024/ 2025 Update) QUESTION how many days do you have to send the claim forms for filing proof of loss Answer: 15 days QUESTION how long does the insurer have to pay claims Answer: 30 days QUESTION what happens if insurer does not pay claim within 30 days Answer: must pay 12% interest and can collect attorney fees incurred to collect claim ...

KENTUCKY LIFE AND HEALTH INSURANCE EXAM VERSIONS A, B, C AND TWO STUDY GUIDES EACH 150 REAL EXAM QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

KENTUCKY LIFE AND HEALTH INSURANCE EXAM VERSIONS A, B AND C EACH 150 REAL EXAM QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

A product which can offer its owner a lifetime income stream is called an ____________. annuity S buys a $10,000 Whole Life policy in 2003 and pays an annual premium of $100. S dies 5 years later in 2008 and the insurer pays the beneficiary $10,500. What kind of rider did S include on the policy? return premium rider When does the agent give a premium receipt for a life insurance application? when the initial premium has been paid with the application A life insurance policyowner ...

Industrial life insurance is a form of life insurance written under policies having a face value amount of $3,000 or less Best describes the intent of a Coinsurance clause in a major medical policy discourages overutillization of the insurance coverage NOT required when an insurance company requests an inspection report Consent of the agent Insurer and Employer Parties directly involved in a group accident and health insurance contract When determining the accumulation value ...

Kentucky Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A Q: Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? Joint Life Adjustable Life Variable Universal Life Universal Life Answer: Variable Universal Life Q: Two agencies are competing for a new client. Agency A mentions to the prospective client that all of the companies with which it does busin...

Kentucky Life and Health Insurance Exam Prep| Questions and Verified Answers| 100 % Correct| Grade A (Latest 2024/ 2025 Update) Q: what is loss exposure state of being subject to a passible loss Q: what does it mean to be defineable Answer: definite as to time, cause and location Q: what does it mean to be measurable Answer: companies will state how much they will pay for a covered loss Q: is loss due to war covered Answer: no Q: can accidental b...