2/27/25, 10:44 PM MS Life and Health Insurance Test 2025| COMPLETE EXAM SET (questions and verified answers) frequently most tested qu…
MS Life and Health Insurance Test 2025|
COMPLETE EXAM SET (questions and verified
answers) frequently most tested questions |
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Terms in this set (150)
Which of these do NOT Policy issued with a rating
constitute policy
delivery?
Which of these types of Variable Life
life insurance allows the
policyowner to have level
premiums and to also
choose from a selection
of investment options?
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 1/28
,2/27/25, 10:44 PM MS Life and Health Insurance Test 2025| COMPLETE EXAM SET (questions and verified answers) frequently most tested qu…
J, an Accidental Death The insurer will adjust the benefit to what the
and Dismemberment premiums paid would have purchased at the
(AD&D) policy holder, insured's actual age
dies after injuries
sustained in an accident.
J's age as stated on the
application five years
ago was found to be
understated by ten years.
Which of the following
actions will the insurance
company take?
A life insurance policy Waiver of Premium
which ensures that the
premium will be paid if
the insured becomes
disabled has what kind of
rider attached?
A producer must report 30
to the Commissioner of
Insurance any
administrative action or
criminal charges taken
against the producer
within __ days of the final
disposition of the matter.
A physician opens up a Guaranteed Insurability Option rider
new practice and
qualifies for a
$7,000/month Disability
Income policy. What rider
would the physician add
if he wants the ability to
increase his policy
benefit as his practice
and income grow?
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 2/28
, 2/27/25, 10:44 PM MS Life and Health Insurance Test 2025| COMPLETE EXAM SET (questions and verified answers) frequently most tested qu…
Which type of policy is Modified Endowment Contract
considered to be
overfunded, as stated by
IRS guidelines?
How does a typical Through mutual funds, stocks, bonds
Variable Life Policy
investment account
grow?
Which Federal law allows Fair Credit Reporting Act
an insurer to obtain an
inspection report on a
potential insured?
is a hospital and medical expense insurance
What is Medicare?
program
What kind of premium level
does a Whole Life policy
have?
T took out a $50,000 life 50,000
insurance policy with an
Accidental Death and
Dismemberment rider.
Five years later, T
commits suicide. How
much will the insurer
pay?
Pre-hospitalization managed care
authorization is
considered an example
of:
Under a Renewable Term the renewal premium is calculated on the basis of
policy, the insured's attained age
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 3/28
MS Life and Health Insurance Test 2025|
COMPLETE EXAM SET (questions and verified
answers) frequently most tested questions |
already passed!!
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (150)
Which of these do NOT Policy issued with a rating
constitute policy
delivery?
Which of these types of Variable Life
life insurance allows the
policyowner to have level
premiums and to also
choose from a selection
of investment options?
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 1/28
,2/27/25, 10:44 PM MS Life and Health Insurance Test 2025| COMPLETE EXAM SET (questions and verified answers) frequently most tested qu…
J, an Accidental Death The insurer will adjust the benefit to what the
and Dismemberment premiums paid would have purchased at the
(AD&D) policy holder, insured's actual age
dies after injuries
sustained in an accident.
J's age as stated on the
application five years
ago was found to be
understated by ten years.
Which of the following
actions will the insurance
company take?
A life insurance policy Waiver of Premium
which ensures that the
premium will be paid if
the insured becomes
disabled has what kind of
rider attached?
A producer must report 30
to the Commissioner of
Insurance any
administrative action or
criminal charges taken
against the producer
within __ days of the final
disposition of the matter.
A physician opens up a Guaranteed Insurability Option rider
new practice and
qualifies for a
$7,000/month Disability
Income policy. What rider
would the physician add
if he wants the ability to
increase his policy
benefit as his practice
and income grow?
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 2/28
, 2/27/25, 10:44 PM MS Life and Health Insurance Test 2025| COMPLETE EXAM SET (questions and verified answers) frequently most tested qu…
Which type of policy is Modified Endowment Contract
considered to be
overfunded, as stated by
IRS guidelines?
How does a typical Through mutual funds, stocks, bonds
Variable Life Policy
investment account
grow?
Which Federal law allows Fair Credit Reporting Act
an insurer to obtain an
inspection report on a
potential insured?
is a hospital and medical expense insurance
What is Medicare?
program
What kind of premium level
does a Whole Life policy
have?
T took out a $50,000 life 50,000
insurance policy with an
Accidental Death and
Dismemberment rider.
Five years later, T
commits suicide. How
much will the insurer
pay?
Pre-hospitalization managed care
authorization is
considered an example
of:
Under a Renewable Term the renewal premium is calculated on the basis of
policy, the insured's attained age
https://quizlet.com/1011873477/ms-life-and-health-insurance-test-2025-complete-exam-set-questions-and-verified-answers-frequently-most-test… 3/28
