Health Insurance Florida 2-40 Exam Questions 1
1. Which of the following laws requires an insurer to notify an applicant in
writing that an investigative consumer report may be made on the
applicant? -Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
, -
-
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act):
-
Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
2. Group health insurance specifies that what percentage of eligible
individuals MUST be offered coverage under a noncontributory plan?
-25
-50
-75
-100: 100
3. Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted: At the inception of the policy
4. When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once
every:
-month
-three months
-six months
-year: month
5. M and N own a small interior design studio that employs six people. The
owners are concerned about the financial continuation of the business if
either of them should become permanently disabled. In this situation, a
producer would MOST likely recommend which of the following types of
contracts?
1. Which of the following laws requires an insurer to notify an applicant in
writing that an investigative consumer report may be made on the
applicant? -Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
, -
-
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act):
-
Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
2. Group health insurance specifies that what percentage of eligible
individuals MUST be offered coverage under a noncontributory plan?
-25
-50
-75
-100: 100
3. Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted: At the inception of the policy
4. When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once
every:
-month
-three months
-six months
-year: month
5. M and N own a small interior design studio that employs six people. The
owners are concerned about the financial continuation of the business if
either of them should become permanently disabled. In this situation, a
producer would MOST likely recommend which of the following types of
contracts?
