PSI life, accident, and health exam questions with correct answers

PSI life, accident, and health exam questions with correct answers The group conversion option is allowed for all of the following EXCEPT A. termination of the master policy. B. loss of group coverage due to termination of employment. C. upon the loss of eligibility on the part of a class of insureds. D. during the annual benefits enrollment period. - Answer- during the annual benefits enrollment period. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? A. To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions. B. To assist covered employees on standard group health insurance plans by using post tax contributions to fund an account to pay medical expenses. C. To assist employees who work for small companies to pay medical expenses on high coinsurance policies. D. To reimburse employees who choose not to participate in the group health coverage provided by their employer. - Answer- To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions. All of the following are common exclusions from loss found in disability income policies EXCEPT for that incurred while A. serving in the military B. living overseas C. committing a misdemeanor D. piloting a personal aircraft - Answer- committing a misdemeanor