Kansas Insurance Practice Exam 2023 with 100% complete answers

The consideration clause in an accident and health policy states the correct answersapplicant pays the initial premium Which of the following reports may include information obtained by a telephone call to the proposed insured? correct answersInspection report Health insurance policies are offered on a "take it or leave it" basis and referred to as correct answersContracts of Adhesion The insurance policy clause that identifies the contracting parties and defines the scope and limits of coverage is called correct answersInsuring clause Which of the following statements is CORRECT about a Waiver of Premium provision in a Disability Income Policy? correct answersIt allows the insured to maintain a policy in force while disabled and unable to pay premiums. The coordination of benefits clause found in group health master contracts is used to correct answersavoid double payment of benefits to an insured who has duplicate group coverages Which of the following provisions designates to whom claim payments are made? correct answersPayment of Claims Medicare supplement policies are primarily designed to correct answersprovide additional benefits beyond those provided by Medicare A married insured has an AD&D policy that names his brother as the primary beneficiary and his son as the contingent beneficiary. If the insured and his brother are both killed instantly in a train accident, the policy proceeds would be paid to which of the following? correct answersThe insured's son