Arkansas Health Insurance Exam Questions With Complete Solution 2025

Arkansas Health Insurance Exam Questions With Complete Solution 2025 If an agent makes a correction on the application for health insurance, who must initial the correct answer? - answer-The applicant What is the term used for a written request for an insurer to issue an insurance contract based on the provided information? - answer-Application What information are the members of the Medical Information Bureau required to report? - answerAdverse medical information about the applicants or insured. When should an agent obtain a Statement of Good Health from the insured? - answer-When the premium was paid upon policy delivery and not the time of application. What is the entire contract in health insurance underwriting? - answer-The application and policy issued. What entities make up the Medical Information Bureau? - answer-Insurers What is the best way to make a change on an application for insurance? - answer-Start over with a fresh application In health insurance, the policy itself and the insurance application form what? - answer-The entire contract If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notified of the investigation? - answer-The applicantWho must sign a health insurance application? - answer-The policyowner, the insured (if different), and the agent If an underwriter requires extensive information about the applicant's medical history, what report will best serve this purpose? - answer-Attending Physicians statement Who is responsible for paying the cost of a medical examination required in the process of underwriting? - answer-Insurer