Life and Health Certification Exam

Life and Health Certification Exam Which of the following types of insurance riders is not based on term life insurance? - Waiver of premium At what point after the effective date of an accident and health insurance policy does it become incontestable? - 2 years All of the following groups may contract with PPOs exctpt - Government programs under a long-term care insurance policy, the level of care that is mainly necessary for the purpose of meeting daily living requirements is called: - Custodial care social security defines disability as the inability to engage - the duties of any occupation a life insurance buyer's guide can be used for all of the following uses except - comparison of the cost of similar policies all of the following are considered service providers except - a commercial insurance company an agent attends a continuing education course offering 12 hours of credit before the course is approved by the commissioner. in this case, the agent will receive - no credit for the course, because courses must be approved before study begins PPO - preferred provider organization ( HMO - health maintenance organization (cheaper - less options) All of the following are duties of the commissioner EXCEPT - writing the Washington insurance laws Who investigates claims on behalf of the insurer or the insured? - An Adjuster Which of the following sales of insurance is subject to replacement regulations? - Sale of new individual life insurance policy that causes an existing life insurance policy to be surrendered. a lapsed life insurance policy may be reinstated - Within 30 days after the grace period expires policies classified as non-occupational normally provide coverage for - losses due to sickness or accidents that are not work-related. a guaranteed insurability rider normally provides that between ages 25 and 40, additional life insurance may be purchased without proof of insurability - whenever the policyowner wishes when a health maintenance organization chooses a limited number of health care providers to provide services to its subscribers, this is known as - A Gatekeeper system Which of the following correctly describes Medicaid? - It provides medical benefits for certain low-income people