APEX HEALTH COMPREHENSIVE
CERTIFICATION ASSESSMENT 2026
QUESTIONS WITH ANSWERS GRADED A+
⩥7 days. Answer: The grace period for a weekly premium payment
period is:
⩥10 days. Answer: The grace period for a monthly premium payment
period is:
⩥31 days. Answer: The grace period for a premium payment period
other than a weekly or monthly basis is:
⩥Unpaid premium. Answer: An insured owes his insurer a premium
payment. Since then, he incurs medical expenses. The insurer deducts
the unpaid premium amounts from the claim amount and pay s the
insured the difference. What provision allows for this?
⩥It allows the insured to return the policy within 10 day for a full refund
of premiums if dissatisfied for any reason.. Answer: What statement best
describes the free low provision?
⩥A proportionate amount. Answer: An insured carries health insurance
with two different providers and is covered on an expense incurred
,basis. He has an appendectomy and files the claims to both insurers.
Neither company is notified in advance that the insurer has other
coverage. What should each insurer pay?
⩥Proportionate shares of the claims should be paid.. Answer: In the
event that an insured is covered on an expense-incurred basis for the
same expense under multiple insurers and the insurers are not informed
about the other sources of coverage before the loss...
⩥Physical examination and autopsy. Answer: Which of the following
provisions is mandatory for health insurance policies?
⩥The mode of the premium payment. Answer: Which of the following
will vary the length of the grace period in health insurance policies?
⩥The policy will not lapse for 31 days if the premium is not paid when
due. Answer: A policy with a 31-day grace period implies:
⩥Monthly. Answer: Which of the following premium modes would
result in the highest annual cost for an insurance policy?
⩥A part of the premium rating concerns the hazard of occupation..
Answer: If the insured under a disability income insurance policy
changes to a more hazardous occupation after the policy has been
, insured, and a claim is filed, the insurance company should do which of
the following?
⩥Exclusions. Answer: Items stipulated in the contract that the insurer
will not provide coverage for are found in the:
⩥They can be changed only with the written consent of that beneficiary..
Answer: Which of the following statements is most correct concerning
the changing of an irrevocable beneficiary?
⩥Written consent. Answer: Once an irrevocable beneficiary is shown for
the policy, it requires his or her ________________
_________________ to change.
⩥Waiver of Premium rider. Answer: Manny has been injured in an
accident. Although she is still receiving benefits from her policy, she
does not have to pay premiums. Her policy includes:
⩥Six months. Answer: The Waiver of Premium rider causes the insurer
to waive future premiums when an accident or disease causes a disability
lasting at least...
⩥As long as the policy is in force. Answer: what is the maximum period
of time during which an insurer may contest fraudulent misstatements
made in a health insurance application?
CERTIFICATION ASSESSMENT 2026
QUESTIONS WITH ANSWERS GRADED A+
⩥7 days. Answer: The grace period for a weekly premium payment
period is:
⩥10 days. Answer: The grace period for a monthly premium payment
period is:
⩥31 days. Answer: The grace period for a premium payment period
other than a weekly or monthly basis is:
⩥Unpaid premium. Answer: An insured owes his insurer a premium
payment. Since then, he incurs medical expenses. The insurer deducts
the unpaid premium amounts from the claim amount and pay s the
insured the difference. What provision allows for this?
⩥It allows the insured to return the policy within 10 day for a full refund
of premiums if dissatisfied for any reason.. Answer: What statement best
describes the free low provision?
⩥A proportionate amount. Answer: An insured carries health insurance
with two different providers and is covered on an expense incurred
,basis. He has an appendectomy and files the claims to both insurers.
Neither company is notified in advance that the insurer has other
coverage. What should each insurer pay?
⩥Proportionate shares of the claims should be paid.. Answer: In the
event that an insured is covered on an expense-incurred basis for the
same expense under multiple insurers and the insurers are not informed
about the other sources of coverage before the loss...
⩥Physical examination and autopsy. Answer: Which of the following
provisions is mandatory for health insurance policies?
⩥The mode of the premium payment. Answer: Which of the following
will vary the length of the grace period in health insurance policies?
⩥The policy will not lapse for 31 days if the premium is not paid when
due. Answer: A policy with a 31-day grace period implies:
⩥Monthly. Answer: Which of the following premium modes would
result in the highest annual cost for an insurance policy?
⩥A part of the premium rating concerns the hazard of occupation..
Answer: If the insured under a disability income insurance policy
changes to a more hazardous occupation after the policy has been
, insured, and a claim is filed, the insurance company should do which of
the following?
⩥Exclusions. Answer: Items stipulated in the contract that the insurer
will not provide coverage for are found in the:
⩥They can be changed only with the written consent of that beneficiary..
Answer: Which of the following statements is most correct concerning
the changing of an irrevocable beneficiary?
⩥Written consent. Answer: Once an irrevocable beneficiary is shown for
the policy, it requires his or her ________________
_________________ to change.
⩥Waiver of Premium rider. Answer: Manny has been injured in an
accident. Although she is still receiving benefits from her policy, she
does not have to pay premiums. Her policy includes:
⩥Six months. Answer: The Waiver of Premium rider causes the insurer
to waive future premiums when an accident or disease causes a disability
lasting at least...
⩥As long as the policy is in force. Answer: what is the maximum period
of time during which an insurer may contest fraudulent misstatements
made in a health insurance application?
