Life, Accident and Health or Sickness Examination Questions with high ratings

A Long Term care insurance rider can include coverage for all of the following EXCEPT : - ANSWER-Hospital acute care Which statement best describes a life insurance policy dividend ? - ANSWER-Legally defined as a return of excess premium and not taxable. Which of the following information is not required to be communicated in a life insurance contract? - ANSWER-Personal judgment When are parties to a contract required to communicate information solely based on personal judgment for a matter in question? - ANSWER-Never After the deductible is paid , what percentage of the balance of approved charge does Medicare part A pay ? - ANSWER-80% Medicare Part A provides coverage for all of the following , EXCEPT : - ANSWER-Physician services Benefits under social security are available only for workers who are - ANSWER-Fully insured ( 40 quarters of coverage ) For social security purpose , a person with 40 quarters of coverage is considered. - ANSWER-Fully insured ( 40 quarters of coverage ) Who are members of the Medical information bureau ? - ANSWER-Life and health insurers ( life and health insurance companies ) Which of the following is the best definition of premium ? - ANSWER-Money the insured pays the insurer to obtain the benefits in the policy .