Health Questions and Answers Already Passed

Health Questions and Answers Already Passed A producer receives a phone call from an insured who already has health insurance and now wants to buy an Accidental Death and Dismemberment (AD&D) policy. In this situation, the producer should take which of the following actions? Answer the routine application questions, meet with the prospect to obtain any additional information, and have the prospect sign the application Under the Guaranteed Renewable provision in a policy issued to a group of persons having a common occupation, an insurance company may NOT terminate coverage on a group member if the member ceases to fall within the eligible classifications Under federal law, a tax except Health Savings Account can only be opened for an individual who is covered by a qualified High Deductible Health Plan Dental care indemnity plans reimburse services only after the carrier receives a bill Group vision insurance plans typically provide insurance benefits that cover the cost of eye exams, lenses, frames, and contact lenses Most insurance companies use the usual, customary, and reasonable (UCR) charges to reimburse the employee for expenses charged by the medical facilities A type of health contact that allows the remaining partners in a business to buy in a business to buy out the interest of a disabled business partner is known as Disability Buy-Sell An insured who owns a Disability Income policy forgot to pay the premium due on July 1. If the insured files a disability claim on July 31, the insurance company will MOST likely: pay the claim but deduct the unpaid premium A doctor who is receiving Disability Income benefits is not able to return to work full-time but continues practing A Residual Benefit clause As defined for Social Security benefit purposes, disability is the inability of an insured to be gainfully employed because of a medically determined physical or mental impairment that has lasted or may be expected to last at LEAST how long? 6 months To enroll in Medicare Part C, an individual must already be enrolled in Medicare Parts A and B An insured is covered by Workers' Compensation and a group Major Medical plan. Which of the following statements BEST describes how a claim would be handled if the insured were injured on the job? Major Medical would be applied first, less any deductible and the coinsurance amount, and workers' Compensation would cover the balance of the medical expenses Under an individual Major Medical policy, a married policyowner has the right to take which of the following actions? Add a newborn child to the policy without providing proof of insurability Under a Disability policy the Elimination period is similar to a deductible but expressed in terms of time rather than dollars An insured is covered by Wokers' Compensation and a group Major Medical plan. Which of the following statements BEST describes how a claim would be handled if the insured were injured on the job? Major Medical would be applied first, less any deductibles and the coinsurance amount, and Workers' Compensation would cover the balance of the medical expenses The Fair Credit Reporting Act requires that applicants be advised that a consumer report may be requested Which of the following statements about a policy delivery is CORRECT? The producer should explain the policy to the insured to increase the chance that the insured will understand the policy's benefits and keep it Which of the following is CORRECT about