XCEL TESTING SOLUTIONS CALIFORNIA PRE-LICENSING EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE

XCEL TESTING SOLUTIONS CALIFORNIA PRE-LICENSING EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE When an insurance company requests an attending physician's report, the request must be accompanied by a Copy of the signed authorization Which of the following is NOT a required uniform provision in individual health policies? Change of occupation "Life insurance creates an immediate estate". This phrase means When the insured dies, a death benefit is paid A person who asserts a right of recovery under an insurance policy is called Claimant Before an insurer is allowed to test an individual for HIV, what must be completed? Consent Form Jim is the insured on a health insurance policy and holds 2 jobs. If "occupation" is used to classify the risk, the insurer will most likely classify Jim according to the occupation that is most hazardous Under a long-term care insurance policy, adult day care coverage will provide for part time care at a facility for elderly individuals who live at home Which of the following is NOT true regarding a family policy that covers children? Conversion of child's coverage to permanent insurance requires evidence of insurability How long is a person expected to be disabled in order to receive Social Security disability benefits? 12 months Which of the following describes the number of deaths in a year compared to the number of people in a select group? Mortality rate Which of the following is NOT required in the content of a policy? Probability of loss Jim is applying to become an insurance agent and has a past misdemeanor conviction that was later expunged due to California Penal Code 1203.4. Which of the following statements is correct? Jim must still disclose the conviction on his insurance license application Which of the following is a life insurance policy that does NOT require a physical exam? Non-medical The insurer has the option of terminating a health insurance policy on a date stated in the contract. What type of policy is this? Optionally renewable An individual that has 40 quarters of coverage, for Social Security purposes, is considered to be Fully insured In a life insurance policy, the entire contract consists of the policy and attached application Which of the following is NOT considered to be an act of insurance solicitation? Publishing a magazine where one of the advertisers is an insurer All of the following circumstances must be met for loss retention to be an effective risk management technique EXCEPT Probability of loss is unknown The importance of a representation is demonstrated in what rule? Materiality of concealment Which word implies permissiveness according to the California Insurance Code? May Medical expense policies will typically cover which of the following? Injuries caused by accidents Which of the following is NOT protected under the California Life and Health Guarantee Association? Insurers Individuals become eligible for Medicare Part A benefits at what age? 65 An agent's attempt to stop the replacement of an existing life insurance policy is known as conservation Which of the following is NOT an accurate description of Access for Infants and Mothers Program (AIM)? Only women who have private insurance plans with a maternity-only deductible or copayment greater than $1,500 are eligible All of these statements concerning Medicare are true EXCEPT Long-term care is covered by Medicare Part C Which of the following is NOT considered to be an unfair claims settlement practice? Advising a claimant to hire an attorney Retirement plans are prevented from favoring highly compensated employees under which government regulation? Nondiscrimination Which statement about Health Maintenance Organizations is NOT true? When a member uses out-of-network providers, a higher monthly fee is charged What time period allows an insured's life insurance policy to remain in force even if the premium was not paid on the due date? Grace period