Aflac Insurance Exam Questions and
Answers
Who is protected with the "other insurance with this insurer" provision? Correct Ans-
insurance provider
An example of the unfair restraint of competition would be Correct Ans-coercion
Tim has an accident and health insurance policy that may not be changed in any way by the
insurer up to a stated age, as long as the premiums are paid. What type of policy is this?
Correct Ans-non cancelable
Which of the following are used by most insurers when determining the premiums for large
groups? Correct Ans-experience rating
The benefit period of Medicare Part A begins on the first day the insured Correct Ans-is
admitted into a hospital
Who determines the suitability of a disability (accident & health) policy to a potential insured?
Correct Ans-Intermediary
Dividends from a mutual insurance company are paid to whom? Correct Ans-Policyholders
,Nonqualified distributions from a health savings account (HSA) have a tax penalty of Correct
Ans-20%
"entire contract" consists of Correct Ans-policy, endorsements, and attached papers
How long is individual medical expense insurance normally written for? Correct Ans-1 year
Some standard Medicare Supplement policies include which benefit? Correct Ans-hospice
care
Periodic health claim payments MUST be made at least Correct Ans-monthly
According to the Pregnancy Discrimination Act of 1978, employers must treat pregnancy in the
same manner as Correct Ans-any other disability
Security laws passed by Congress are enforced by which Federal agency? Correct Ans-
Security and Exchange Commission
Medicare SELECT Correct Ans-Insured uses preferred providers in exchange for paying lower
premiums
Who reports an intermediary's termination of appointment to the Commissioner? Correct
Ans-the insurer
, The amount of his disability income payments for an on-the-job injury may be reduced by
Correct Ans-workers compensation benefits already paid
When issuing disability income coverage on a substandard risk, an insurance company may
Correct Ans-shorter the benefit period
readmission testing Correct Ans-reduces length of hospital stay
Continuation privileges of insureds under group disability (accident and health) insurance
policies are Correct Ans-designed to allow an insured to continue coverage for up to
eighteen months
Which term describes the elimination of a hazard? Correct Ans-risk avoidance
In long-term care insurance, what is the length of time for which claims will be paid? Correct
Ans-benefit period
What does the term "field underwriting" refer to in the health insurance industry? Correct
Ans-A producer's contact with the applicant
Answers
Who is protected with the "other insurance with this insurer" provision? Correct Ans-
insurance provider
An example of the unfair restraint of competition would be Correct Ans-coercion
Tim has an accident and health insurance policy that may not be changed in any way by the
insurer up to a stated age, as long as the premiums are paid. What type of policy is this?
Correct Ans-non cancelable
Which of the following are used by most insurers when determining the premiums for large
groups? Correct Ans-experience rating
The benefit period of Medicare Part A begins on the first day the insured Correct Ans-is
admitted into a hospital
Who determines the suitability of a disability (accident & health) policy to a potential insured?
Correct Ans-Intermediary
Dividends from a mutual insurance company are paid to whom? Correct Ans-Policyholders
,Nonqualified distributions from a health savings account (HSA) have a tax penalty of Correct
Ans-20%
"entire contract" consists of Correct Ans-policy, endorsements, and attached papers
How long is individual medical expense insurance normally written for? Correct Ans-1 year
Some standard Medicare Supplement policies include which benefit? Correct Ans-hospice
care
Periodic health claim payments MUST be made at least Correct Ans-monthly
According to the Pregnancy Discrimination Act of 1978, employers must treat pregnancy in the
same manner as Correct Ans-any other disability
Security laws passed by Congress are enforced by which Federal agency? Correct Ans-
Security and Exchange Commission
Medicare SELECT Correct Ans-Insured uses preferred providers in exchange for paying lower
premiums
Who reports an intermediary's termination of appointment to the Commissioner? Correct
Ans-the insurer
, The amount of his disability income payments for an on-the-job injury may be reduced by
Correct Ans-workers compensation benefits already paid
When issuing disability income coverage on a substandard risk, an insurance company may
Correct Ans-shorter the benefit period
readmission testing Correct Ans-reduces length of hospital stay
Continuation privileges of insureds under group disability (accident and health) insurance
policies are Correct Ans-designed to allow an insured to continue coverage for up to
eighteen months
Which term describes the elimination of a hazard? Correct Ans-risk avoidance
In long-term care insurance, what is the length of time for which claims will be paid? Correct
Ans-benefit period
What does the term "field underwriting" refer to in the health insurance industry? Correct
Ans-A producer's contact with the applicant
