Colorado Accident and Health General
Insurance Exam Questions with complete
solutions.
Accidental death and dismemberment insurance beneficiary requires
consent when a change of beneficiary is made? irrevocable
beneficiary
The waiver of premium provision in a health insurance contract
suspends the insurer's right to receive premiums during a covered
period of disability
An insured should submit the claim in any form if the insurer does
not send the claims forms within the time period set forth in a health
policy's claims forms provision
Reinstatement coverage may be restored under the reinstatement
provision
A policy owners rights are limited under which beneficiary designation?
irrevocable
, Which of these arrangements allows one to bypass insurable interest
laws? investor-originated life insurance sometimes called stranger
originated life insurance is used to circumvent state insurable interest
statutes.
all of the following are considered to be typical characteristics
describing nature of an insurance contract except bilateral
(unilateral, aleatory, and adhesion are all characteristics of insurance
contract)
surgeon's fees are not covered under hospitalization expense policy
after an insured gives notice of loss what must be done if the insurer
does not furnish forms? file written proof of loss
medicare is interned for all of the following groups except those
enrolled as full-time students
disability income policy the ___ acts as a deductible clause
deductible period
the elimination period serves as the deductible in a disability
income policy
Insurance Exam Questions with complete
solutions.
Accidental death and dismemberment insurance beneficiary requires
consent when a change of beneficiary is made? irrevocable
beneficiary
The waiver of premium provision in a health insurance contract
suspends the insurer's right to receive premiums during a covered
period of disability
An insured should submit the claim in any form if the insurer does
not send the claims forms within the time period set forth in a health
policy's claims forms provision
Reinstatement coverage may be restored under the reinstatement
provision
A policy owners rights are limited under which beneficiary designation?
irrevocable
, Which of these arrangements allows one to bypass insurable interest
laws? investor-originated life insurance sometimes called stranger
originated life insurance is used to circumvent state insurable interest
statutes.
all of the following are considered to be typical characteristics
describing nature of an insurance contract except bilateral
(unilateral, aleatory, and adhesion are all characteristics of insurance
contract)
surgeon's fees are not covered under hospitalization expense policy
after an insured gives notice of loss what must be done if the insurer
does not furnish forms? file written proof of loss
medicare is interned for all of the following groups except those
enrolled as full-time students
disability income policy the ___ acts as a deductible clause
deductible period
the elimination period serves as the deductible in a disability
income policy
