Maryland State Health and Life Insurance Exam
- ANS-Elements of Insurable Risks
_______Injury is considered unintentional or unforeseen act that causes bodily harm. -
ANS-Accidental Injury
______Coverage is designed to provide eye exams on a limited basis, and is generally provided
in a Group Health Insurance Policy. - ANS-Vision
A category of Health Insurance that provides benefits for Medical Care, but not the loss of
income. - ANS-Medical Expense
A company's ability to make unpredictable payouts to policy owners. - ANS-Liquidity
A Disability Income Policy pays a benefit when an insured dies or loses multiple limbs or body
parts as a result of an accident. - ANS-Accidental Death and Dismemberment (AD&D)
A fiduciary who handles insurer funds in a trust capacity. An_______ always protects the
insured by following the Code of Ethics. - ANS-Agent
A form of Medical Health Insurance that covers preventative treatment, care of Dental Disease,
and injuring affecting an insured's teeth. - ANS-Dental Expense
A hazard that cause one's body to become physically stressed and increase the chance of loss.
i.e; lifestyle, slippery floors, skydiving. - ANS-Physical Hazard
A Health Insurance contract that covers members of a specific class that are not individually
identified. The individuals are automatically covered, but do not receive a policy or Certificate of
Insurance. i.e; students, campers, sports teams, and passengers. - ANS-Blanket Insurance
A Health Insurance Policy that provides for the daily care of an insured, when confined to a
Nursing Home or their own home. - ANS-Long-Term Care Expense
A measure of vulnerability of a loss, and is usually expressed in dollars or units that are used to
determine rates charged for insurance. - ANS-Exposure
A policy specifically issued to provide coverage for certain conditions or limited sicknesses. This
would cover Heart Disease or Cancer. - ANS-Specified Disease ( Dread Disease Policy )
- ANS-Elements of Insurable Risks
_______Injury is considered unintentional or unforeseen act that causes bodily harm. -
ANS-Accidental Injury
______Coverage is designed to provide eye exams on a limited basis, and is generally provided
in a Group Health Insurance Policy. - ANS-Vision
A category of Health Insurance that provides benefits for Medical Care, but not the loss of
income. - ANS-Medical Expense
A company's ability to make unpredictable payouts to policy owners. - ANS-Liquidity
A Disability Income Policy pays a benefit when an insured dies or loses multiple limbs or body
parts as a result of an accident. - ANS-Accidental Death and Dismemberment (AD&D)
A fiduciary who handles insurer funds in a trust capacity. An_______ always protects the
insured by following the Code of Ethics. - ANS-Agent
A form of Medical Health Insurance that covers preventative treatment, care of Dental Disease,
and injuring affecting an insured's teeth. - ANS-Dental Expense
A hazard that cause one's body to become physically stressed and increase the chance of loss.
i.e; lifestyle, slippery floors, skydiving. - ANS-Physical Hazard
A Health Insurance contract that covers members of a specific class that are not individually
identified. The individuals are automatically covered, but do not receive a policy or Certificate of
Insurance. i.e; students, campers, sports teams, and passengers. - ANS-Blanket Insurance
A Health Insurance Policy that provides for the daily care of an insured, when confined to a
Nursing Home or their own home. - ANS-Long-Term Care Expense
A measure of vulnerability of a loss, and is usually expressed in dollars or units that are used to
determine rates charged for insurance. - ANS-Exposure
A policy specifically issued to provide coverage for certain conditions or limited sicknesses. This
would cover Heart Disease or Cancer. - ANS-Specified Disease ( Dread Disease Policy )
