Idaho Health Insurance questions with 100% correct answers

Agen/Producer - Answer-a person who acts for another person or entitty known as the principal with regard to contractual arrangements with third parties; a legal rep of an insurance company Agent/angency contract - Answer-a contract that is held between an insurer and an agent/producer, containing the expressed authority given to the agent/producer, outlining the duties and responsibilities to the principal. Applican or proposed insured - Answer-a person who requests or seeks insurance from an insurer Death benefit - Answer-the amount paid when a claim is issued against a policy of insurance insurance policy - Answer-a contract between a policyowner and an insurance who may or may not be the applicant or policyowner insured - Answer-the person covered by the policy of insurance who may or may not be the applicant or policyowner insurer - Answer-the company who issues a policy of insurance life insurance - Answer-a coverage upon a person's life, and granting, purchasing or disposing of annuities policyowner - Answer-the person who is entitled to exercise the rights and privileges in the policy and who may or may not be the insured premium - Answer-the money paid to the insurance company for the policy of insurance agent, applicant, and the proposed insured - Answer-people who must sign the application Paramedical report - Answer-completed by a paramedic or a registered nurseAttending Physician's Statement - Answer-completed by a medical practitioner who treated the applicant for a prior medical problem paramedical report or attending physician's statement - Answer-two test that can be required for applicants Info from Medical Info Bureau - Answer-Non profit organization consisting of insurance companies that maintain confidential medical records for comapnies to compare. A person cannot be denied because of their MIB report Fair Credit REporting Act - Answer-1971, protects consumers against the circulation of inaccurate or obsolete info Consumer reports - Answer-written and/or oral info regarding a consumer's credit,character, reputation, or habits collected by a reporting agency from employment records, credit reports, and other public sources