Nj health and accident final exam and practice exam 2025

NJ HEALTH AND ACCIDENT FINAL EXAM
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AND PRACTICE EXAM | NEWEST ACTUAL
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EXAM COMPLETE QUESTIONSAND VERI j j j j




FIED ANSWERS GRADED A+ |100% PASS j j j j j j j




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A(n)
insurance company is one that was formed under the laws ofa st j j j j j j j j j j j j



ate other than NJ - ✔✔✔ Correct Answer > Foreign
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According to HIPAA, when an insured individual leaves an employer andim
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mediately begins working for a new company that offers group health insur
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ance, the individual -
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✔✔✔ Correct Answer > Is eligible for coverage upon hire
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In order for a contract to be valid, it must - ✔✔✔ Correct Answer >
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contain an offer and acceptance
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When does a health insurance policy typically become effective? -
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✔✔✔ Correct Answer > When the initial premium is collected andpolicy is
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issued

,An insurer must furnish to a claimant forms for filing proof of losswith
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in days upon receiving a notice of claim. -
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✔✔✔ CorrectAnswer > 15 days
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Which of the following is MANDATORY coverage for all group healthcare se
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rvice contracts? - ✔✔✔ Correct Answer > Treatment for alcoholism
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Which of the following situations would be suitable for temporary workaut
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hority?


When a producers license is suspended and an appeal date is setWhen a
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n applicant completes a prelicensing course
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When an applicant passes a licensing examination and answers allbackgrou
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nd questions negatively
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When an applicant fails the licensing examination and is waiting to takeano
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ther test - j j



✔✔✔ Correct Answer > When an applicant passes a licensing examinatio
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n and answers all background questions negatively
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Richard owns an insurance policy that is renewable only at the optionof the
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insurance company. His policy is considered to be: - j j j j j j j j



✔✔✔ Correct Answer > Optionally renewable
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Continued coverage under COBRA would be provided to all of thefollowing
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EXCEPT

, - Former dependent of employee no longer dependent status
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- Terminated employee j




- Divorced spouse of employee j j j




- A covered employee is terminated for gross misconduct -
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✔✔✔Correct Answer > A covered employee is terminated for gros
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s misconduct
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A health insurance policy where the insurer has the right to terminatethe
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policy for reasons other than the insured's health is called -
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✔✔✔Correct Answer > Conditionally renewable
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Small employers who are sponsored by an insurer to provide group benefit
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s to its employees are called - ✔✔✔ Correct Answer > MEWA
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A 10% excise tax is normally applied to an early withdrawal from an IRA. Acc
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ording to HIPAA, this tax will not be applied if the withdrawal isused for med
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ical expenses that exceed
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of the individual's adjustedg j j j j



ross income. - ✔✔✔ Correct Answer > 7.5%
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An attending physician's statement would be appropriate for which lifeinsu
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rance purpose? - j j



✔✔✔ Correct Answer > At the request of the insurer to assist in the under
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writing decision j