NY Accident and Health 17-52 2025 update
|Comprehensive Questions And Verified
Answers 100% CORRECT.
Which statement is TRUE concerning a Long Term Care policy?
✔✔CORRECT ANSWERS✔✔The policy may be issued on a guaranteed
renewable basis
What coverage is designed for the inability to perform the Activities of
Daily Living (ADLs)? ✔✔CORRECT ANSWERS✔✔Long term care
Which is the major reason why long term care insurance is becoming
increasingly important? ✔✔CORRECT ANSWERS✔✔As life expectancy
increases, the chances of needing long term care also increase.
The policy that is designed to provide nursing home benefits on an
extended basis for NOT less than 12 consecutive months is
✔✔CORRECT ANSWERS✔✔long term care
Which is NOT a benefit paid by a Medical Expense policy? ✔✔CORRECT
ANSWERS✔✔pain, suffering
,Which of the following, by definition, provides benefits for expenses
incurred as a result of in-hospital medical treatment and surgery as well
as certain outpatient expenses such as doctor's visits, laboratory tests,
and diagnostic services? ✔✔CORRECT ANSWERS✔✔hospitalization
insurance
Which of the following policies provides a specified income benefit if an
insured person becomes incapable of working? ✔✔CORRECT
ANSWERS✔✔Disability Income
Dakota has a sedentary computer job and so being active is important.
To suppprt an active lifestyle, Dakota eats well, does not smoke, and
regularly exercises, which has resulted in a clean medical history. A life
insurer gives Dakota a discounted rate given the classification is most
likely what type of risk? ✔✔CORRECT ANSWERS✔✔Preferred
(Healthy/good)
Jonnie works on a fishing boat for most of the week, and when docked,
passes the time at the local bar drinking and smoking.
Even though Jonnie has a family history of diabetes, eating healthy and
exercise are not priorities. A life insurer charges Jonnie the standard
premium for a higher attained age given the classification is most likely
what type of risk? ✔✔CORRECT ANSWERS✔✔Substandard (unhealthy)
Which rating provides the least expensive premium? ✔✔CORRECT
ANSWERS✔✔preferred
, Which is NOT a reason why someone may receive a rated or
substandard rating on their policy? ✔✔CORRECT ANSWERS✔✔Age
Chris is driving at a high rate of speed when the vehicle leaves the road,
colludes with a tree, and causes Chris to be treated at the hospital. This
is an example of which of the following perils that health insurance is
designed to cover? ✔✔CORRECT ANSWERS✔✔Accident
Sam has been feeling tired for many weeks, and after several medical
tests, is diagnosed with chronic fatigue syndrome.
This is an example of the peril that health insurance is designed to cover
known as ✔✔CORRECT ANSWERS✔✔Sickness
What is the source of an accidental injury known as? ✔✔CORRECT
ANSWERS✔✔peril
The majority of health insurance claims are from which peril?
✔✔CORRECT ANSWERS✔✔sickness
What kind of tables are utilized by health Insurance companies during
underwriting? ✔✔CORRECT ANSWERS✔✔Morbidity tables
|Comprehensive Questions And Verified
Answers 100% CORRECT.
Which statement is TRUE concerning a Long Term Care policy?
✔✔CORRECT ANSWERS✔✔The policy may be issued on a guaranteed
renewable basis
What coverage is designed for the inability to perform the Activities of
Daily Living (ADLs)? ✔✔CORRECT ANSWERS✔✔Long term care
Which is the major reason why long term care insurance is becoming
increasingly important? ✔✔CORRECT ANSWERS✔✔As life expectancy
increases, the chances of needing long term care also increase.
The policy that is designed to provide nursing home benefits on an
extended basis for NOT less than 12 consecutive months is
✔✔CORRECT ANSWERS✔✔long term care
Which is NOT a benefit paid by a Medical Expense policy? ✔✔CORRECT
ANSWERS✔✔pain, suffering
,Which of the following, by definition, provides benefits for expenses
incurred as a result of in-hospital medical treatment and surgery as well
as certain outpatient expenses such as doctor's visits, laboratory tests,
and diagnostic services? ✔✔CORRECT ANSWERS✔✔hospitalization
insurance
Which of the following policies provides a specified income benefit if an
insured person becomes incapable of working? ✔✔CORRECT
ANSWERS✔✔Disability Income
Dakota has a sedentary computer job and so being active is important.
To suppprt an active lifestyle, Dakota eats well, does not smoke, and
regularly exercises, which has resulted in a clean medical history. A life
insurer gives Dakota a discounted rate given the classification is most
likely what type of risk? ✔✔CORRECT ANSWERS✔✔Preferred
(Healthy/good)
Jonnie works on a fishing boat for most of the week, and when docked,
passes the time at the local bar drinking and smoking.
Even though Jonnie has a family history of diabetes, eating healthy and
exercise are not priorities. A life insurer charges Jonnie the standard
premium for a higher attained age given the classification is most likely
what type of risk? ✔✔CORRECT ANSWERS✔✔Substandard (unhealthy)
Which rating provides the least expensive premium? ✔✔CORRECT
ANSWERS✔✔preferred
, Which is NOT a reason why someone may receive a rated or
substandard rating on their policy? ✔✔CORRECT ANSWERS✔✔Age
Chris is driving at a high rate of speed when the vehicle leaves the road,
colludes with a tree, and causes Chris to be treated at the hospital. This
is an example of which of the following perils that health insurance is
designed to cover? ✔✔CORRECT ANSWERS✔✔Accident
Sam has been feeling tired for many weeks, and after several medical
tests, is diagnosed with chronic fatigue syndrome.
This is an example of the peril that health insurance is designed to cover
known as ✔✔CORRECT ANSWERS✔✔Sickness
What is the source of an accidental injury known as? ✔✔CORRECT
ANSWERS✔✔peril
The majority of health insurance claims are from which peril?
✔✔CORRECT ANSWERS✔✔sickness
What kind of tables are utilized by health Insurance companies during
underwriting? ✔✔CORRECT ANSWERS✔✔Morbidity tables
