Xcel solutions final exam Maryland Life and health/Answered/A+ Rated

Xcel solutions final exam Maryland Life and health/Answered/A+ Rated What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? A reduction in benefits A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a Risk retention group During the application process, a statement made by an applicant that becomes part of the contract is considered to be a(n) Warranty What is taken into consideration when defining "total disability" in a disability income insurance policy? The insured's education, training and expirence Sarah, age 88, is a life annuitant who has lived beyond her life expectancy. The funds for additional benefit payments will be derived primarily from funds that were not distributed to life annuitants who died before life expectancy Which type of policy can group term life insurance normally be converted to?