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Exam (elaborations)

Webce Questions With Correct Answers

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Webce Questions With Correct Answers

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Eligible workers are entitled to social security disability benefits regardless of:


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Their family status




Admitted Insurer


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, i will become one after i pass this exam because i have a certificate of
authority in california




in order for an insurer for an insurer to increase the premium on a noncancelable
policy, which of the following must be true?


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the premium increase must be in the contract at the same time that it was
issued




which of the following is covered by a dread disease policy?


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increases that do not occur frequently but incur significant costs when they
do occur




Part-A covers:


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, Part-time or intermittent skilled care, home health aide
services, durable medical equipment and supplies, and
certain other equipment.




which is a common approach to addressing the problems inherent in naming a minor
as a beneficiary to a life insurance policy?


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establishing a trust to administer proceeds




Management care plans increase efficiency except:


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transferring the management of costs to the insureds




which of the following is a characteristic of Preferred policy organization?


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prearranged costs for services rendered

, managerial system vs. general agency system


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Two variations of the career agency system in which producers represent a
single company. One is headed by a company employee called a general
manager (GM), the other by an independent contractor called a general
agent (GA).




Group long-term disability (LTD) coverage typically has a maximum benefit period of:


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at least 2 years




which of the following is true for most comprehensive dental policies?


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routine care is provided without coinsurance and deductibles




A rider that waives all monthly deductions from a Universal Life policy's cash value but
credits nothing to the cash value if the insured becomes totally disabled is called a:

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