Califomia Life, Accident and Health Insurance Final Exam Questions With 100% Correct Verified Answers

Califomia Life, Accident and Health Insurance Final Exam Questions With 100% Correct Verified Answers When an insurance company requests an attending physician's report, the request must be accompanied by a — ANSWER: Copy ofthe signed authorization Which of these is the automatic mode of settlement for life insurance policy proceeds? ANSWER: lump sum Which ofthe following best describes the statement "the more times an event is repeated, the more predictable the outcome becomes"? - ANSWER: Law of large numbers What area of group health insurance is regulated under the Employee Retirement Security Act of 1974 (ERISA)? - ANSWER: Disclosure and reporting If an insured dies because of an accident, which type of life insurance rider will provide additional coverage? - ANSWER: Accidental death rider A report which is based on creditworthiness and personal characteristics that influences an insurance applicant's eligibility for life and health insurance is called a(n) - ANSWER: Consumer report