North Carolina Health Insurance State 54 Exam Prep Questions And Answers

Insured Contingent Beneficiary - ️️If the insured and primary beneficiary are both killed in the same accident and it cannot be determined who died first, where are the death proceeds to be directed under the uniform Simultaneous Death Act? Reimbursement - ️️Which type of policy pays benefits to a policyholder covered under a Hospital Expense policy? $25,000 - ️️J has an Accidental Death and Dismemberment policy with a principal sum of $50,000. While trimming the hedges, J cuts off one of his fingers. What is the MAXIMUM J will receive from his policy? payable to the company or another shareholder - ️️The benefits under a Disability Buy-Out policy are: off-the -job accident - ️️An accident policy will most likely pay a benefit for a(n) indemnity - ️️a payment for damage or loss continue group health benefits - ️️The COBRA gives workers whose employment has been terminated the right to Social Security Disability Income - ️️The percentage of as individual's Primary Insurance Amount determines the benefits paid in which of the following programs.