Which of the following is TRUE of a point of service plan ~CORRECT
ANSWER~✓✓A patient's care is coordinated by an in-network primary care
physician.
In a Level term life policy, which always remains constant ? ~CORRECT
ANSWER~✓✓death benefit
which part of an insurance contract contains the promise to pay losses covered
by the policy in exchange for the insureds premium and compliance with policy
terms ? ~CORRECT ANSWER~✓✓insuring clause
In a home healthcare benefit, all of the following are eligible expenses EXCEPT
~CORRECT ANSWER~✓✓blood transfusions
in noncontributory plans, which percentage of eligible members must
participate? ~CORRECT ANSWER~✓✓1
How are issues of ambiguity usually resolved because insurance contracts are
contracts of adhesion? ~CORRECT ANSWER~✓✓In favor of the insured because
the insurance company drafts the language in the contract.
Why is the accidental death benefit referred to as double indemnity? ~CORRECT
ANSWER~✓✓It provides twice the face value in the policy for death due to
accident.
, which types of rider reimburses health and social service expenses incurred in a
convalescent or nursing home facility ~CORRECT ANSWER~✓✓long term care
rider
All life insurance and health insurance contracts contain all of the following
EXCEPT ~CORRECT ANSWER~✓✓representations
all of the following are requirements to qualify for social security disability
benefits except when ~CORRECT ANSWER~✓✓unable to work in occupation in
which the worker was trained or educated.
what is the order in which beneficiaries receive proceeds from a life insurance
policy ? ~CORRECT ANSWER~✓✓succession of beneficiaries
If a company provides group disability insurance to its employees, which of the
following may be tax-deductible? ~CORRECT ANSWER~✓✓the premiums paid
by the company as a business expense
Which annuity settlement option provides a stated monthly amount to the
annuitant and upon the annuitant's death the same or a lesser amount paid for
the lifetime of the survivor? ~CORRECT ANSWER~✓✓Joint and survivorship
option
which of the following policy types is considered double indemnity ~CORRECT
ANSWER~✓✓accidental death
ANSWER~✓✓A patient's care is coordinated by an in-network primary care
physician.
In a Level term life policy, which always remains constant ? ~CORRECT
ANSWER~✓✓death benefit
which part of an insurance contract contains the promise to pay losses covered
by the policy in exchange for the insureds premium and compliance with policy
terms ? ~CORRECT ANSWER~✓✓insuring clause
In a home healthcare benefit, all of the following are eligible expenses EXCEPT
~CORRECT ANSWER~✓✓blood transfusions
in noncontributory plans, which percentage of eligible members must
participate? ~CORRECT ANSWER~✓✓1
How are issues of ambiguity usually resolved because insurance contracts are
contracts of adhesion? ~CORRECT ANSWER~✓✓In favor of the insured because
the insurance company drafts the language in the contract.
Why is the accidental death benefit referred to as double indemnity? ~CORRECT
ANSWER~✓✓It provides twice the face value in the policy for death due to
accident.
, which types of rider reimburses health and social service expenses incurred in a
convalescent or nursing home facility ~CORRECT ANSWER~✓✓long term care
rider
All life insurance and health insurance contracts contain all of the following
EXCEPT ~CORRECT ANSWER~✓✓representations
all of the following are requirements to qualify for social security disability
benefits except when ~CORRECT ANSWER~✓✓unable to work in occupation in
which the worker was trained or educated.
what is the order in which beneficiaries receive proceeds from a life insurance
policy ? ~CORRECT ANSWER~✓✓succession of beneficiaries
If a company provides group disability insurance to its employees, which of the
following may be tax-deductible? ~CORRECT ANSWER~✓✓the premiums paid
by the company as a business expense
Which annuity settlement option provides a stated monthly amount to the
annuitant and upon the annuitant's death the same or a lesser amount paid for
the lifetime of the survivor? ~CORRECT ANSWER~✓✓Joint and survivorship
option
which of the following policy types is considered double indemnity ~CORRECT
ANSWER~✓✓accidental death
