EXAM QUESTIONS WITH CORRECT ANSWERS
WhichPofPthePfollowingPisPTRUEPofPaPpointPofPservicePplanP-
PCORRECTPANSWERSAPpatient'sPcarePisPcoordinatedPbyPanPin-networkPprimaryPcarePphysician.
InPaPLevelPtermPlifePpolicy,PwhichPalwaysPremainsPconstantP?P-PCORRECTPANSWERSdeathPbenefit
whichPpartPofPanPinsurancePcontractPcontainsPthePpromisePtoPpayPlossesPcoveredPbyPthePpolicyPinPe
xchangePforPthePinsuredsPpremiumPandPcompliancePwithPpolicyPtermsP?P-
PCORRECTPANSWERSinsuringPclause
InPaPhomePhealthcarePbenefit,PallPofPthePfollowingParePeligiblePexpensesPEXCEPTP-
PCORRECTPANSWERSbloodPtransfusions
inPnoncontributoryPplans,PwhichPpercentagePofPeligiblePmembersPmustPparticipate?P-
PCORRECTPANSWERS1
HowParePissuesPofPambiguityPusuallyPresolvedPbecausePinsurancePcontractsParePcontractsPofPadhes
ion?P-
PCORRECTPANSWERSInPfavorPofPthePinsuredPbecausePthePinsurancePcompanyPdraftsPthePlanguagePi
nPthePcontract.
WhyPisPthePaccidentalPdeathPbenefitPreferredPtoPasPdoublePindemnity?P-
PCORRECTPANSWERSItPprovidesPtwicePthePfacePvaluePinPthePpolicyPforPdeathPduePtoPaccident.
whichPtypesPofPriderPreimbursesPhealthPandPsocialPservicePexpensesPincurredPinPaPconvalescentPorP
nursingPhomePfacilityP-PCORRECTPANSWERSlongPtermPcarePrider
, AllPlifePinsurancePandPhealthPinsurancePcontractsPcontainPallPofPthePfollowingPEXCEPTP-
PCORRECTPANSWERSrepresentations
allPofPthePfollowingParePrequirementsPtoPqualifyPforPsocialPsecurityPdisabilityPbenefitsPexceptPwhenP
-PCORRECTPANSWERSunablePtoPworkPinPoccupationPinPwhichPthePworkerPwasPtrainedPorPeducated.
whatPisPthePorderPinPwhichPbeneficiariesPreceivePproceedsPfromPaPlifePinsurancePpolicyP?P-
PCORRECTPANSWERSsuccessionPofPbeneficiaries
IfPaPcompanyPprovidesPgroupPdisabilityPinsurancePtoPitsPemployees,PwhichPofPthePfollowingPmayPbe
Ptax-deductible?P-PCORRECTPANSWERSthePpremiumsPpaidPbyPthePcompanyPasPaPbusinessPexpense
WhichPannuityPsettlementPoptionPprovidesPaPstatedPmonthlyPamountPtoPthePannuitantPandPuponPt
hePannuitant'sPdeathPthePsamePorPaPlesserPamountPpaidPforPthePlifetimePofPthePsurvivor?P-
PCORRECTPANSWERSJointPandPsurvivorshipPoption
whichPofPthePfollowingPpolicyPtypesPisPconsideredPdoublePindemnityP-
PCORRECTPANSWERSaccidentalPdeath
HowPlongPafterPbeingPentitledPtoPdisabilityPbenefitsPwillPanPindividualPbePeligiblePtoPreceivePMedic
arePbenefits?P-PCORRECTPANSWERS2Pyears
whichPofPthePfollowingPisPanPexamplePofPaPhospitalPindemnityPplanP-
PCORRECTPANSWERSpaysPaPfixedPamountPperPdayPtoPthePinsuredPforPeachPdayPthePinsuredPisPhospi
talized
AccordingPtoPthePtimePofPpaymentPofPclaimsPprovisions,PthePinsurerPmustPmakePthePpaymentPimm
ediatelyPafterPreceivingPproofPofPlossPEXCEPTP-
PCORRECTPANSWERSForPclaimsPinvolvingPperiodicPpayments