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Colorado Health Insurance Exam Questions with Correct Answers 2025

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Colorado Health Insurance Exam Questions with Correct Answers 2025

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CLASSROOM CLASSROOM CLASSROOM




Colorado Health Insurance Exam Questions
with Correct Answers 2025
IndemnityZ-ZCORRECTZANSWERZ-
MonthlyZamountZpaidZtoZindividualZtoZmakeZupZforZlostZearningsZdueZtoZinsured'sZinabilityZtoZwork



EliminationZ(Waiting)ZPeriodZ-ZCORRECTZANSWERZ-
TimeZperiodZinsuredZmustZbeZdisabledZbeforeZbenefitsZbegin,ZnotZpaidZretroactively

-Z30,Z60,Z90,Z180Zdays



BenefitZPeriodZ-ZCORRECTZANSWERZ-
BenefitsZpaidZduringZdisabilityZperiodZorZuntilZendZofZspecifiedZperiodZofZtime

-TypicallyZ1Zyear,Z2Zyears,Z5Zyears,ZandZtoZageZ65



WaiverZofZPremiumZ-ZCORRECTZANSWERZ-
WaivesZpremiumZpaymentsZduringZdisabilityZafterZinitialZwaitingZperiod,ZretroactivelyZeffectiveZtoZbeginnin
gZofZwaitingZperiodZandZpremiumsZpaidZduringZthatZtimeZwillZbeZrefundedZonceZbenefitsZbegin



AdditionalZMonthlyZBenefitZ(AMB)ZRiderZ-ZCORRECTZANSWERZ-
PaysZanZadditionalZbenefitZamountZwithZregularZmonthlyZbenefitZforZlimitedZperiodZofZtimeZ(usuallyZ6ZorZ12
Zmonths),ZpaidZevenZifZinsuredZreceivesZgovernmentZbenefits



-WorkZcomp,ZotherZgovernmentZprograms



SocialZInsuranceZSupplementZ(SIS)ZRiderZ-ZCORRECTZANSWERZ-
PaysZinZadditionZtoZregularZdisabilityZpoliciesZuntilZWorkers'ZCompensationZorZSocialZSecurityZpaymentsZbe
gin,ZpaysZonlyZduringZpolicyZperiod,ZmakesZupZforZgapsZleftZbyZgovernmentZprograms



Non-OccupationalZCoverageZ-ZCORRECTZANSWERZ-CoversZdisabilitiesZthatZresultZfromZnon-job-
relatedZillnessesZorZinjuries



OccupationalZCoverageZ-ZCORRECTZANSWERZ-CoversZbothZjob-relatedZandZnon-jobZrelatedZdisabilities




CLASSROOM CLASSROOM CLASSROOM

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PartialZDisabilityZ-ZCORRECTZANSWERZ-
PaysZ50%ZofZtotalZbenefit,ZpersonZreturnsZtoZworkZinZaZreducedZcapacity,ZusuallyZnoZlongerZthatZ3-6Zmonths



ResidualZDisabilityZBenefitsZ-ZCORRECTZANSWERZ-
BasedZonZamountZofZincomeZlostZdueZtoZdisability,ZifZlessZthanZstatedZincomeZreductionZthenZnoZbenefitsZwi
llZbeZpaid



RecurrentZDisabilityZ-ZCORRECTZANSWERZ-
ProtectsZemployeeZwhoZreturnsZtoZworkZbutZbecomesZdisabledZagainZdueZtoZsameZrelatedZcause,ZmustZocc
urZwithinZcertainZtimeZframeZafterZreturningZtoZwork,ZnoZwaitingZtoZreceiveZbenefitsZagain



Cost-Of-Living-AdjustmentZ(COLA)ZRiderZ-ZCORRECTZANSWERZ-
BenefitZamountZcanZincreaseZwhileZreceivingZdisabilityZbasedZonZConsumerZPriceZIndex,ZadjustedZusuallyZe
veryZ12Zmonths



FutureZIncreaseZOptionZ(FIO)ZRiderZ-ZCORRECTZANSWERZ-
AllowsZinsuredZtoZincreaseZpolicyZbenefitsZwithoutZhavingZtoZprovideZevidenceZofZinsurability,ZincomeZmust
ZhaveZincreased




RelationZofZEarningZtoZInsuranceZProvisionZ-ZCORRECTZANSWERZ-
InsurerZcanZreduceZbenefitZpaidZtoZdisabledZinsuredZifZtheirZincomeZisZlessZthanZwhenZtheyZboughtZpolicy,Zb
asedZonZaverageZincomeZoverZ24ZmonthZperiod



AccidentalZDeathZandZDismembermentZ(AD&D)ZRiderZ-ZCORRECTZANSWERZ-
PaysZprincipalZsumZ(fullZbenefit)ZifZinsuredZdiesZaccidentallyZorZlosesZtwoZlimbsZorZsightZinZbothZeyes,Zcapita
lZsumZ(halfZbenefit)ZisZpaidZifZinsuredZlosesZoneZlimbZorZsightZinZoneZeye



RehabilitationZBenefitZ-ZCORRECTZANSWERZ-
PaysZforZvocationalZtrainingZtoZprepareZforZnewZoccupationZwhenZtotallyZdisabledZandZcanZnoZlongerZreturn
ZtoZnormalZjob,ZcontinuesZwhileZinsuredZisZdisabledZandZstaysZinZprogram




MedicalZReimbursementZ-ZCORRECTZANSWERZ-ReimbursesZinsuredZforZmedicalZexpensesZtoZtreatZnon-
disablingZinjury




CLASSROOM CLASSROOM CLASSROOM

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