HEALTH INSURANCE EXAM
KENTUCKY EXAM QUESTIONS &
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
C. The insurer may increase the premium rate after the policy is in effect provided it does so by classes
of insureds - CORRECT ANSWERS 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 reaches and age
specified in the policy
A. A factory worker fractures an elbow while working overtime - CORRECT ANSWERS Which
of the following qualifies as a compensable injury under workers compensation coverage?
A. A factory worker fractures an elbow while working overtime
B. An employee is struck by a car and seriously injured while walking back to work following a lunch
break
,C. A worker is involved in an auto accident while driving to work
D. All of the above qualify
C. Information and privacy protection act - CORRECT ANSWERS Which of the following
represents certain consumer safeguards enacted by states and pattered after a model act developed by
NAIC?
A. Fair credit reporting Act
B. the MIB
C. Information and privacy protection act
D. COBRA
B. elective indemnity benefit - CORRECT ANSWERS The optional short term disability income
benefit that pays a lump sum for specified injuries is called the
A. hospital income benefit
B. elective indemnity benefit
C. supplemental income benefit
D. partial disability benefit
B. health maintenance organization - CORRECT ANSWERS The type of health care provider
that provides birth the health care services and the healthy care coverage is
A. Preferred provider organization
B. Health maintenance organization
C. Blue cross/blue shield organization
,D. Traditional health insurance company
B. Limited Policies - CORRECT ANSWERS Dread disease, travel accident, vision care, and
hospital indemnity policies are all examples of
A. ltc policies
B. limited policies
C. group policies
D. blanket policies
D. People with any life threatening condition - CORRECT ANSWERS Which of the following are
NOT eligible for Medicare coverage?
A. People age 65 and older who are eligible for social security
B. People age 65 and older not eligible for social security but willing to pay a monthly premium
C. People of any age who have been entitled to disability benefits for 24 months
D. People with any life-threatening condition
D. Authorized Company - CORRECT ANSWERS A company that I licensed to sell insurance in a
particular state is
A. domestic
B. Alien
C. non admitted company
, D. Authorized comany
A. Cancel the policy - CORRECT ANSWERS Optional Provisions 1 and 2, addressing changes of
occupation and misstatement of age, Kermit the insurer to do which of the following?
A. Cancel the policy
B. Request the insured to fill out a new application to correct previous misstatements or alter
information that has changed since the application was originally submitted.
C. Charge a "back-end" premium to make up for the premium the insurer would have charged had the
true situation been known.
D. Pay indemnities equal to the benefits that would have purchased at the premium paid had the insurer
known the facts when the premium was established.
Stop-Loss Limit - CORRECT ANSWERS What term describes the concept that the insurer and
the insured share in the cost of medical expenses, with the insurer bearing the greater share?
D. The master policy owner - CORRECT ANSWERS With regard to group insurance, who has
the responsibility to apply for coverage, provide information about the group, maintain the policy, and
pay premiums?
A. The agent that wrote the group coverage
B. The insurer that provides the group coverage
C. The individuals that make up the group
KENTUCKY EXAM QUESTIONS &
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
C. The insurer may increase the premium rate after the policy is in effect provided it does so by classes
of insureds - CORRECT ANSWERS 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 reaches and age
specified in the policy
A. A factory worker fractures an elbow while working overtime - CORRECT ANSWERS Which
of the following qualifies as a compensable injury under workers compensation coverage?
A. A factory worker fractures an elbow while working overtime
B. An employee is struck by a car and seriously injured while walking back to work following a lunch
break
,C. A worker is involved in an auto accident while driving to work
D. All of the above qualify
C. Information and privacy protection act - CORRECT ANSWERS Which of the following
represents certain consumer safeguards enacted by states and pattered after a model act developed by
NAIC?
A. Fair credit reporting Act
B. the MIB
C. Information and privacy protection act
D. COBRA
B. elective indemnity benefit - CORRECT ANSWERS The optional short term disability income
benefit that pays a lump sum for specified injuries is called the
A. hospital income benefit
B. elective indemnity benefit
C. supplemental income benefit
D. partial disability benefit
B. health maintenance organization - CORRECT ANSWERS The type of health care provider
that provides birth the health care services and the healthy care coverage is
A. Preferred provider organization
B. Health maintenance organization
C. Blue cross/blue shield organization
,D. Traditional health insurance company
B. Limited Policies - CORRECT ANSWERS Dread disease, travel accident, vision care, and
hospital indemnity policies are all examples of
A. ltc policies
B. limited policies
C. group policies
D. blanket policies
D. People with any life threatening condition - CORRECT ANSWERS Which of the following are
NOT eligible for Medicare coverage?
A. People age 65 and older who are eligible for social security
B. People age 65 and older not eligible for social security but willing to pay a monthly premium
C. People of any age who have been entitled to disability benefits for 24 months
D. People with any life-threatening condition
D. Authorized Company - CORRECT ANSWERS A company that I licensed to sell insurance in a
particular state is
A. domestic
B. Alien
C. non admitted company
, D. Authorized comany
A. Cancel the policy - CORRECT ANSWERS Optional Provisions 1 and 2, addressing changes of
occupation and misstatement of age, Kermit the insurer to do which of the following?
A. Cancel the policy
B. Request the insured to fill out a new application to correct previous misstatements or alter
information that has changed since the application was originally submitted.
C. Charge a "back-end" premium to make up for the premium the insurer would have charged had the
true situation been known.
D. Pay indemnities equal to the benefits that would have purchased at the premium paid had the insurer
known the facts when the premium was established.
Stop-Loss Limit - CORRECT ANSWERS What term describes the concept that the insurer and
the insured share in the cost of medical expenses, with the insurer bearing the greater share?
D. The master policy owner - CORRECT ANSWERS With regard to group insurance, who has
the responsibility to apply for coverage, provide information about the group, maintain the policy, and
pay premiums?
A. The agent that wrote the group coverage
B. The insurer that provides the group coverage
C. The individuals that make up the group
