Idaho Life And Health Final Exam Questions With 100% Correct And Verified Answers 2025

Idaho Life And Health Final Exam
Questions With 100% Correct And
Verified Answers 2025
Whatiareitheibenefitsithatimustibeiprovidedibyianiindividuali
healthiinsuranceipolicyiforiprenatal,imaternity,iandideliveryi
expenses?i-iCORRECTiANSWERS-
Prenatal,imaternity,iandideliveryiexpensesiareirequireditoibe
icoverediunderiallihealthiplansisubjectitoitheisameideductibl

eiandicoinsuranceiasiotherimedicaliandisurgicaliexpenses.

Whichisituationiwouldiqualifyianiindividualiforireceivingiben
efitsifromiaiqualifiedilong-termicareipolicy?i-
iCORRECTiANSWERS-

Becomingicognitivelyiimpairedi(mentallyiill)

Howimanyidaysiisitheigraceiperiodiforipaymentiofipremiumsi
iniindividualilifeiinsuranceipolicies?i-iCORRECTiANSWERS-
30

AccordingitoitheiIdahoiInsuranceiCode,iwhichiofitheifollowin
giMUStiaiproduceridoiwhenireplacingiaiLifeiInsuranceipolicy
?i-iCORRECTiANSWERS-
SubmititoitheireplacingiinsureriailistiofialliLifeiInsuranceipol
iciesioriannuityicontractsiproposeditoibeireplaced.

Aihospitaliorimedicaliexpensesipolicyiwillitypicallyicoveriden
talitreatmentiexpensesiunderiwhichicircumstance?i-
iCORRECTiANSWERS-

Dentalitreatmentiisineededitoirepairianiinjury.

Aniinsuredianditheipolicy'sibeneficiaryidieifromitheisameiacc
ident.iTheicommonidisasteriprovisionistatesitheiinsureriwilli
continueiasiifi-iCORRECTiANSWERS-
Theiinsuredioutliveditheibeneficiary.




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,Aiclosedinetworkiplanioffersiaiprimaryiphysicalicopayiofi$25.i
Ifiaisubscriberichoosesiaiprimaryicareiphysicianioutsideiofith
einetwork,itheisubscriberiwillilikelyipayi-
iCORRECTiANSWERS-100%iofitheiallowediamount.



Iniwhatipartiofianiinsuranceipolicyiareipolicyibenefitsifound?
i-iCORRECTiANSWERS-

Declarations.iTheiDeclarationipageiisilikeiaiquickiguideitoiini
insuranceipolicy,iprovidingialliofitheibasiciinformationitheip
olicyiholderineedsitoiknow.

WhichiofitheifollowingiisiNOTiincludediinianientireicontracti
provision?i-iCORRECTiANSWERS-
Changesimadeibyitheiproducer.

Aiproducer'sifiduciaryiresponsibilityiincludesiwhichiofitheifo
llowingiactivities?i-iCORRECTiANSWERS-
Beingiresponsibleiforiallifundsicollectedifromiclients.

WhichipartiofitheifollowingidoesiMedicareiPartiDicover?i-
iCORRECTiANSWERS-Prescriptionidrugs.



Whichiofitheifollowingiwouldibeiconsideredianiunderwritingi
dutyiofianiagent?i-iCORRECTiANSWERS-
Completingialliapplicationsiandicollectingiinitialipremiums.

Whichiofitheifollowingiisinoticonsiderediadvertising?i-
iCORRECTiANSWERS-

AiratingifromiairatingiserviceisuchiasiA.MiBest.

Alliofitheseistatementsiconcerningiwholeilifeiinsuranceiareif
alseiEXCEPTi-iCORRECTiANSWERS-
Wheniaiwholeilifeipolicyiisisurrendered,iincomeitaxesimayibe
iowed.



Alliofitheifollowingioccurrencesimayiresultiinilicenseirevocat
ioniEXCEPTi-iCORRECTiANSWERS-
Producingianiinadequateiamountiofinewipremium.



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, Whichiofitheifollowinginursingihomeioptionsiwouldibestisuiti
aniindividualiwhoineedsisomeinursingicareiandisupervisionib
utinotifull-timeicare?i-iCORRECTiANSWERS-
Assistedilivingifacilities.

WhichiofitheseistatementsiregardingitheiannuitantiisiCORR
ECT?i-iCORRECTiANSWERS-
Theiannuitant'silifeiexpectancyideterminesitheiannuityipaym
ents.

Aitemporaryiproducerilicenseicanibeiissuesiinianyiofitheifollo
wingicircumstancesiEXCEPTi-iCORRECTiANSWERS-
Aiprospectiveiproduceriwhoiisienrollediinianiinsuranceipre-
licenseiclass.

Alliofitheifollowingistatementsirequiringitheireinstatementio
fiailifeiinsuranceipolicyiareicorrectiEXCEPT?i-
iCORRECTiANSWERS-

Aipolicyimayibeireinstatediwithoutiproofiofiinsurability.

Soleiproprietorsiareipermitteditaxideductionsiforihealthicost
sipaidifromitheiriearningsiinitheiamountiofi-
iCORRECTiANSWERS-Costsithatiexceedi7i1/2i%iofiAGI.



KeyiPersoniDisabilityiInsuranceipaysibenefitsitoithei-
iCORRECTiANSWERS-

employer;iprovidesicrucialibenefitsitoiprotectitheicompanyifi
nanciallyiifiaikeyiemployeeibecomesidisabled;Employeriisith
eipolicyiowneriandipaysipremiumsithatiareinotitaxideductible
;iBenefitsiareitax-freeitoiemployer.

Whatiisitheiminimuminumberiofihoursirequirediforianiemplo
yeeitoibeieligibleiforismalligroupicoverage?i-
iCORRECTiANSWERS-30



Whichiofitheifollowingiisinotipartiofianiinsuranceicontract?

Policy,iApplication,iRiders,ioriCertificateiofiAuthorityi-
iCORRECTiANSWERS-CertificateiofiAuthority.




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