NY Series 17-52 EXAM QUESTIONS WITH
COMPLETE SOLUTION GUIDE (A+ GRADED
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Practice questions for this set
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The purpose of managed care health insurance plans is to control health
insurance claims expenses
Choose an answer
Group long-term disability plan
1 Contributory health insurance plan 2
characteristic
Managed care health insurance
3 4 Presumptive Disability benefits
purpose
Don't know?
Terms in this set (38)
, Contributory health insurance plan A health insurance plan where eligible
employees must be included
Primary insurance The insurance through the husband's company in
a situation where both spouses are covered by
health plans through their respective companies
COBRA coverage period The period of coverage for events such as death
or divorce under COBRA, which is 36 months
Free-look period The period during which the policyowner can
return the policy and receive a refund of
premium, which ends after 25 days
Presumptive Disability benefits Benefits that the insured will not receive if the
blindness improves a month later
Risk in insurance Defined as the uncertainty or chance of loss
Producer's fiduciary duty The trust that a client places in the producer in
regard to handling premiums
Basic medical expense plans Plans that do not provide coverage for
catastrophic medical expenses
Noncancellable policy feature The feature where the insurer may terminate the
contract only at renewal for certain conditions
Policy application change The best way to change an application is to start
over with a fresh application
Deductible in major medical The amount that an insured must pay on a claim
insurance before the insurer will pay
COMPLETE SOLUTION GUIDE (A+ GRADED
100% VERIFIED) LATEST VERSION 2026!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
The purpose of managed care health insurance plans is to control health
insurance claims expenses
Choose an answer
Group long-term disability plan
1 Contributory health insurance plan 2
characteristic
Managed care health insurance
3 4 Presumptive Disability benefits
purpose
Don't know?
Terms in this set (38)
, Contributory health insurance plan A health insurance plan where eligible
employees must be included
Primary insurance The insurance through the husband's company in
a situation where both spouses are covered by
health plans through their respective companies
COBRA coverage period The period of coverage for events such as death
or divorce under COBRA, which is 36 months
Free-look period The period during which the policyowner can
return the policy and receive a refund of
premium, which ends after 25 days
Presumptive Disability benefits Benefits that the insured will not receive if the
blindness improves a month later
Risk in insurance Defined as the uncertainty or chance of loss
Producer's fiduciary duty The trust that a client places in the producer in
regard to handling premiums
Basic medical expense plans Plans that do not provide coverage for
catastrophic medical expenses
Noncancellable policy feature The feature where the insurer may terminate the
contract only at renewal for certain conditions
Policy application change The best way to change an application is to start
over with a fresh application
Deductible in major medical The amount that an insured must pay on a claim
insurance before the insurer will pay
