COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL
EXAM COMPLETE EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
Under an Accidental Death B
and
Dismemberment (AD&D)
policy, insurable
interest must exist at which of
the following
times?
A.When a change of
beneficiary is
requested
A.
When a change of beneficiary
is requested
B.At the inception of the policy
B.
At the inception of the policy
C.When a beneficiary other
than a relative
is named
C.
When a beneficiary other than
a relative is
named
D.At the time a claim is
submitted
D.
At the time a claim is submitted
,4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
An insured whose Disability B
Income policy
contains a Change of
Occupation clause
takes a new job in a more
hazardous
occupation and fails to notify
the insurer of
the change. One year later,
the insured
becomes disabled. The insurer
will most
likely take which of the
following actions?
A.Cancel the policy and
refund one year's
premiums
A.
Cancel the policy and refund
one year's
premiums
B.Settle the claim according to
what the
premiums would have
purchased under the
more hazardous occupation
B.
Settle the claim according to
what the
premiums would have
purchased under the
more hazardous occupation
C.Pay the claim in full and
then cancel the
policy
C.
Pay the claim in full and then
cancel the
policy
D.Pay the claim after
deducting an extra
… 2/37
,4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
one-year premium payment
D.
Pay the claim after deducting
an extra one-
year premium payment
A group long-term disability A
plan is
integrated with Social Security
when which
of the following statements is
CORRECT?
A.Social Security and group
benefits pay a
combined maximum limit.
A.
Social Security and group
benefits pay a
combined maximum limit.
B.Full group benefits are paid
in addition to
Social Security benefits.
B.
Full group benefits are paid in
addition to
Social Security benefits.
C.Full Social Security benefits
are paid after
group benefits are exhausted.
C.
Full Social Security benefits
are paid after
group benefits are exhausted.
D.Half of the allowable Social
Security
benefits are paid after group
benefits are
exhausted.
D.
Half of the allowable Social
Security
benefits are paid after group
benefits are
exhausted.
… 3/37
, 4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
A health care plan that A
reimburses a flat fee
for medical care it provides at
a clinic it
owns and operates is referred
to as:
A.a Health Maintenance
Organization
A.
a Health Maintenance
Organization
B.Medicaid
B.
Medicaid
C.Medicare
C.
Medicare
D.a Multiple Employer Trust
(MET)
D.
a Multiple Employer Trust
(MET)
Which of the following D
provisions explains
that a producer does not have
the authority
to waive the provisions of an
insurance
contract?
A.Legal actions
A.
Legal actions
B.Reinstatement
B.
Reinstatement
C.Time limit on certain
defenses
C.
Time limit on certain defenses
D.Entire Contract
D.
Entire Contract
The PRIMARY purpose of C
Medicaid is to:
A.pay for expenses not
… 4/37
EXAM COMPLETE EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
Under an Accidental Death B
and
Dismemberment (AD&D)
policy, insurable
interest must exist at which of
the following
times?
A.When a change of
beneficiary is
requested
A.
When a change of beneficiary
is requested
B.At the inception of the policy
B.
At the inception of the policy
C.When a beneficiary other
than a relative
is named
C.
When a beneficiary other than
a relative is
named
D.At the time a claim is
submitted
D.
At the time a claim is submitted
,4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
An insured whose Disability B
Income policy
contains a Change of
Occupation clause
takes a new job in a more
hazardous
occupation and fails to notify
the insurer of
the change. One year later,
the insured
becomes disabled. The insurer
will most
likely take which of the
following actions?
A.Cancel the policy and
refund one year's
premiums
A.
Cancel the policy and refund
one year's
premiums
B.Settle the claim according to
what the
premiums would have
purchased under the
more hazardous occupation
B.
Settle the claim according to
what the
premiums would have
purchased under the
more hazardous occupation
C.Pay the claim in full and
then cancel the
policy
C.
Pay the claim in full and then
cancel the
policy
D.Pay the claim after
deducting an extra
… 2/37
,4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
one-year premium payment
D.
Pay the claim after deducting
an extra one-
year premium payment
A group long-term disability A
plan is
integrated with Social Security
when which
of the following statements is
CORRECT?
A.Social Security and group
benefits pay a
combined maximum limit.
A.
Social Security and group
benefits pay a
combined maximum limit.
B.Full group benefits are paid
in addition to
Social Security benefits.
B.
Full group benefits are paid in
addition to
Social Security benefits.
C.Full Social Security benefits
are paid after
group benefits are exhausted.
C.
Full Social Security benefits
are paid after
group benefits are exhausted.
D.Half of the allowable Social
Security
benefits are paid after group
benefits are
exhausted.
D.
Half of the allowable Social
Security
benefits are paid after group
benefits are
exhausted.
… 3/37
, 4/5/25, 10:03 AM COLORADO HEALTH INSURANCE EXAM 2025 ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED A…
A health care plan that A
reimburses a flat fee
for medical care it provides at
a clinic it
owns and operates is referred
to as:
A.a Health Maintenance
Organization
A.
a Health Maintenance
Organization
B.Medicaid
B.
Medicaid
C.Medicare
C.
Medicare
D.a Multiple Employer Trust
(MET)
D.
a Multiple Employer Trust
(MET)
Which of the following D
provisions explains
that a producer does not have
the authority
to waive the provisions of an
insurance
contract?
A.Legal actions
A.
Legal actions
B.Reinstatement
B.
Reinstatement
C.Time limit on certain
defenses
C.
Time limit on certain defenses
D.Entire Contract
D.
Entire Contract
The PRIMARY purpose of C
Medicaid is to:
A.pay for expenses not
… 4/37
