Georgia Life And Health Insurance Exam
Questions With Correct Answers
Activities of daily living☑️Correct Ans-Activities individuals must do every day such as
moving about, getting dressed, eating, bathing, etc.
Actual charge☑️Correct Ans-The amount a physician or supplier actually bills for a particular
service or supply.
Adhesion☑️Correct Ans-A contract offered on a "take it or leave it" basis by an insured, in
which the insured's only option is to accept or reject the contract. Any ambiguities in the contract
will be settled in favor of the imsured.
Admitted (Authorized) Insurer☑️Correct Ans-An insurance company authorized and licensed
to transact business in a particular state.
Adult Day Care☑️Correct Ans-A program for impaired adults that attempts to meet their
health, social, and functional needs in a setting away from their homes.
Adverse Selection☑️Correct Ans-The tendency of risks witha higher probability of loss to
purchase and maintain insurance more often than the risks who present lower probability
Agent☑️Correct Ans-An individual who is licensed to sell, negotiate, or effect insurance
contracts on behalf of an insurer.
Aleatory☑️Correct Ans-A contract in which participating parties exchange unequal amounts.
Insurance contracts are aleatory in that the amount the insured will pay in premiums is unequal to
the amount the insurer will pay in the event of a loss.
Alien Insurer☑️Correct Ans-An insurance company that is incorporated outside the United
States.
,Alzheimer's Disease☑️Correct Ans-A disease that causes the victim to become dysfunctional
due to degeneration of brain cells and severe memory loss.
Ancillary☑️Correct Ans-Additional, miscellaneous services provided by a hospital, such as x-
rays, anesthesia, and lab work, but not hospital room and board expenses.
Apparent Authority☑️Correct Ans-The appearance or the assumption of authority based on the
actions, words, or deeds of the principal or because of circumstances the principal created.
Approved Amount☑️Correct Ans-The amount Medicare determines to be reasonable for a
service that is covered under part B of Medicare.
Assignment☑️Correct Ans-A claim to a provider or medical supplier to receive payments
directly from Medicare.
Attained Age☑️Correct Ans-The age of the insured at a determined date.
Attending Physician Statement (APS)☑️Correct Ans-A statement usually obtained from the
applicant's doctor.
Avoidance☑️Correct Ans-A method of dealing with risk (e.g. if a person wanted to avoid the
risk of being killed in an airplane crash, he/she might choose never to fly in a plane).
Basic Hospital Expense Insurance☑️Correct Ans-Coverage that provides benefits for room,
board and miscellaneous hospital expenses for a certain number of days during a hospital stay.
Basic Medical Expense Insurance☑️Correct Ans-Coverage for doctor visits, x-rays, lab tests,
and emergency room visits; benefits, however, are limited to specified dollar amounts.
, Beneficiary☑️Correct Ans-The person who receives the proceeds from the policy when the
insured dies.
Benefit Period☑️Correct Ans-The length of time over which the insurance benefits will be paid
for each illness, disability, or hospital stay
Birthday Rule☑️Correct Ans-The method of determining primary coverage for a dependent
child, under which the plan of the parent whose birthday occurs first in the calendar year is
designated as primary.
Boycott☑️Correct Ans-An unfair trade practice in which one person refuses to do business with
another until he or she agrees to certain comditioms.
Blanket Medical Insurance☑️Correct Ans-A policy that provides benefits for all medical costs,
including doctor visits, hospitalization, and drugs.
Buyers Guide☑️Correct Ans-A booklet that describes insurance policies and concepts, and
provides general information to help an applicant make an informed decision.
Cafeteria Plan☑️Correct Ans-A selection of health care benefits from which an employee may
choose the ones that he/she needs.
Capital Amount☑️Correct Ans-A percentage of the principal amount of a policy paid to the
insured if he/she suffered the loss of an appendage.
Carriers☑️Correct Ans-Organizations that process claims and pay benefits in an insurance
policy
Cease and Desist Order☑️Correct Ans-A demand of a person to stop committing an action that
is in violation of a provision.
Questions With Correct Answers
Activities of daily living☑️Correct Ans-Activities individuals must do every day such as
moving about, getting dressed, eating, bathing, etc.
Actual charge☑️Correct Ans-The amount a physician or supplier actually bills for a particular
service or supply.
Adhesion☑️Correct Ans-A contract offered on a "take it or leave it" basis by an insured, in
which the insured's only option is to accept or reject the contract. Any ambiguities in the contract
will be settled in favor of the imsured.
Admitted (Authorized) Insurer☑️Correct Ans-An insurance company authorized and licensed
to transact business in a particular state.
Adult Day Care☑️Correct Ans-A program for impaired adults that attempts to meet their
health, social, and functional needs in a setting away from their homes.
Adverse Selection☑️Correct Ans-The tendency of risks witha higher probability of loss to
purchase and maintain insurance more often than the risks who present lower probability
Agent☑️Correct Ans-An individual who is licensed to sell, negotiate, or effect insurance
contracts on behalf of an insurer.
Aleatory☑️Correct Ans-A contract in which participating parties exchange unequal amounts.
Insurance contracts are aleatory in that the amount the insured will pay in premiums is unequal to
the amount the insurer will pay in the event of a loss.
Alien Insurer☑️Correct Ans-An insurance company that is incorporated outside the United
States.
,Alzheimer's Disease☑️Correct Ans-A disease that causes the victim to become dysfunctional
due to degeneration of brain cells and severe memory loss.
Ancillary☑️Correct Ans-Additional, miscellaneous services provided by a hospital, such as x-
rays, anesthesia, and lab work, but not hospital room and board expenses.
Apparent Authority☑️Correct Ans-The appearance or the assumption of authority based on the
actions, words, or deeds of the principal or because of circumstances the principal created.
Approved Amount☑️Correct Ans-The amount Medicare determines to be reasonable for a
service that is covered under part B of Medicare.
Assignment☑️Correct Ans-A claim to a provider or medical supplier to receive payments
directly from Medicare.
Attained Age☑️Correct Ans-The age of the insured at a determined date.
Attending Physician Statement (APS)☑️Correct Ans-A statement usually obtained from the
applicant's doctor.
Avoidance☑️Correct Ans-A method of dealing with risk (e.g. if a person wanted to avoid the
risk of being killed in an airplane crash, he/she might choose never to fly in a plane).
Basic Hospital Expense Insurance☑️Correct Ans-Coverage that provides benefits for room,
board and miscellaneous hospital expenses for a certain number of days during a hospital stay.
Basic Medical Expense Insurance☑️Correct Ans-Coverage for doctor visits, x-rays, lab tests,
and emergency room visits; benefits, however, are limited to specified dollar amounts.
, Beneficiary☑️Correct Ans-The person who receives the proceeds from the policy when the
insured dies.
Benefit Period☑️Correct Ans-The length of time over which the insurance benefits will be paid
for each illness, disability, or hospital stay
Birthday Rule☑️Correct Ans-The method of determining primary coverage for a dependent
child, under which the plan of the parent whose birthday occurs first in the calendar year is
designated as primary.
Boycott☑️Correct Ans-An unfair trade practice in which one person refuses to do business with
another until he or she agrees to certain comditioms.
Blanket Medical Insurance☑️Correct Ans-A policy that provides benefits for all medical costs,
including doctor visits, hospitalization, and drugs.
Buyers Guide☑️Correct Ans-A booklet that describes insurance policies and concepts, and
provides general information to help an applicant make an informed decision.
Cafeteria Plan☑️Correct Ans-A selection of health care benefits from which an employee may
choose the ones that he/she needs.
Capital Amount☑️Correct Ans-A percentage of the principal amount of a policy paid to the
insured if he/she suffered the loss of an appendage.
Carriers☑️Correct Ans-Organizations that process claims and pay benefits in an insurance
policy
Cease and Desist Order☑️Correct Ans-A demand of a person to stop committing an action that
is in violation of a provision.
