Health Insurance Kentucky Questions and Correct Answers/ Latest Update / Already Graded

Fair Credit Reporting Act Ans: Must advise people that reports and or medical reports on them are being requested When proof of loss has been furnished, periodic benefit payments must be made not less frequently than Ans: monthly Partial Disability Payments Ans: Partial disability payments are often made as the result of accident disability. Usual partial disability benefit is 50% of the toal disability benefit. Less hazardous work Ans: lower premiums Elimination or Waiting Period Page | 2 Ans: The period after a disability commences and before you may begin recieving benefits Require notice of continuance of claim Ans: 6 months A&H Policy with Accidental BI Ans: Phrase is less restrictive than the phrase accidental means correct age The age of insured has been mistated, all amounts payable under the policy Ans: such that the premium paid would have purchased at the How many days must you submit the claim in Ans: 90 days HMO Enrollment Ans: voluntary All rights reserved © 2025/ 2026 | Page | 3 Benefits can be paid to Ans: a hospital, physician, or surgeon Application Ans: Written statement made by the applicant to the insurance company requesting the issuance of an insurance policy on the basis of the information furnished in the app. Non Cancelable Policies Ans: cant increase the premium rate after it is in effect Recurrent Disability Ans: Disability, which is due to the same or a related cause of disability