Florida Life insurance Health provisions
The Notice of Claims provision requires a policyowner to - ANSnotify an insurer of a claim within
a specified time
An insured must notify an insurer of a medical claim within how many days after an accident?
10 - ANS20
Which of the following health insurance policy provisions specifies the health care services a
policy will provide? - ANSInsuring clause
Which health policy clause specifies the amount of benefits to be paid? - ANSInsuring
An insurer receives proof of loss for an acceptable medical expense claim under an Individual
Health Insurance Policy. Under the Time of Payment of Claims provision, the insurer MUST pay
the benefits - ANSimmediately
Which of the following statements about a Guaranteed Renewable Health Insurance policy is
CORRECT? - ANSPremiums normally increase at time of renewal
What is the purpose of the Time of Payment of Claims provision? - ANSPrevents delayed claim
payments made by the insurer
Which health policy clause stipulates that an insurance company must attach a copy of the
application to the policy to ensure that it is part of the contract? - ANSEntire Contract
Which of the following provisions specifies how long a policyowner's health coverage will remain
in effect if the policyowner does not pay the premium when it is due? - ANSGrace Period
K has a health policy that must be renewed by the insurer and the premiums can only be
increased if applied to the entire class of insureds. This type of policy is considered -
ANSguaranteed renewable
Health insurance benefits NOT covered due to an act of war are - ANSexcluded by the insurer
in the contract provisions
What type of renewability guarantees premium rates and renewability? - ANSNoncancellable
Which of the following BEST describes a short-term medical expense policy? -
ANSNonrenewable
The Notice of Claims provision requires a policyowner to - ANSnotify an insurer of a claim within
a specified time
An insured must notify an insurer of a medical claim within how many days after an accident?
10 - ANS20
Which of the following health insurance policy provisions specifies the health care services a
policy will provide? - ANSInsuring clause
Which health policy clause specifies the amount of benefits to be paid? - ANSInsuring
An insurer receives proof of loss for an acceptable medical expense claim under an Individual
Health Insurance Policy. Under the Time of Payment of Claims provision, the insurer MUST pay
the benefits - ANSimmediately
Which of the following statements about a Guaranteed Renewable Health Insurance policy is
CORRECT? - ANSPremiums normally increase at time of renewal
What is the purpose of the Time of Payment of Claims provision? - ANSPrevents delayed claim
payments made by the insurer
Which health policy clause stipulates that an insurance company must attach a copy of the
application to the policy to ensure that it is part of the contract? - ANSEntire Contract
Which of the following provisions specifies how long a policyowner's health coverage will remain
in effect if the policyowner does not pay the premium when it is due? - ANSGrace Period
K has a health policy that must be renewed by the insurer and the premiums can only be
increased if applied to the entire class of insureds. This type of policy is considered -
ANSguaranteed renewable
Health insurance benefits NOT covered due to an act of war are - ANSexcluded by the insurer
in the contract provisions
What type of renewability guarantees premium rates and renewability? - ANSNoncancellable
Which of the following BEST describes a short-term medical expense policy? -
ANSNonrenewable
