NORTH CAROLINA HEALTH
INSURANCE STATE EXAM PREP
31 - ANSWERS-an insured pays premiums on an annual basis for an
individual health insurance policy. What is the minimum number of
days for the grace. Provision?
waiver of premium Rider - ANSWERS-what type of Rider would be
added to an accident and health policy if the policy owner wants to
ensure the policy will continue if he or she ever becomes totally
disabled?
prevents delayed claim payments made by the insurer - ANSWERS-
what is the purpose of the time of payment of claims provision?
non-cancelable - ANSWERS-what type of renewability guarantees
premium rates and renewability?
guaranteed renewable - ANSWERS-K has a health policy that must
be renewed by the insurer and the premiums can only be increased if
applied to the entire class of insureds. This type of policy is
considered
15 - ANSWERS-how many days must an insurer provide an insured
with claim forms after receiving notice of a loss?
, review the policy annually and determine whether or not to renew it -
ANSWERS-with optionally renewable Health policies, the insurer
may
notify an insurer of a claim within a specified time - ANSWERS-the
notice of claims provision requires a policyowner to
prospective review - ANSWERS-which of the following involves
analyzing a case before admission to determine what type of
treatment is necessary?
application will be returned to the writing producer - ANSWERS-an
incomplete health insurance application submitted to an insurer will
result in which of these actions?
inform the insurer of relevant information not included on the
application - ANSWERS-which of these actions should a producer
take when submitting an insurance application to an insurer?
applicants physician - ANSWERS-an applicant's medical information
received by the medical information Bureau may be furnished to the
insurance contract to the proposed insured - ANSWERS-what is being
delivered during a policy delivery?
send a notice to the MIB that the applicant was declined -
ANSWERS-a prepaid application for individual disability income
INSURANCE STATE EXAM PREP
31 - ANSWERS-an insured pays premiums on an annual basis for an
individual health insurance policy. What is the minimum number of
days for the grace. Provision?
waiver of premium Rider - ANSWERS-what type of Rider would be
added to an accident and health policy if the policy owner wants to
ensure the policy will continue if he or she ever becomes totally
disabled?
prevents delayed claim payments made by the insurer - ANSWERS-
what is the purpose of the time of payment of claims provision?
non-cancelable - ANSWERS-what type of renewability guarantees
premium rates and renewability?
guaranteed renewable - ANSWERS-K has a health policy that must
be renewed by the insurer and the premiums can only be increased if
applied to the entire class of insureds. This type of policy is
considered
15 - ANSWERS-how many days must an insurer provide an insured
with claim forms after receiving notice of a loss?
, review the policy annually and determine whether or not to renew it -
ANSWERS-with optionally renewable Health policies, the insurer
may
notify an insurer of a claim within a specified time - ANSWERS-the
notice of claims provision requires a policyowner to
prospective review - ANSWERS-which of the following involves
analyzing a case before admission to determine what type of
treatment is necessary?
application will be returned to the writing producer - ANSWERS-an
incomplete health insurance application submitted to an insurer will
result in which of these actions?
inform the insurer of relevant information not included on the
application - ANSWERS-which of these actions should a producer
take when submitting an insurance application to an insurer?
applicants physician - ANSWERS-an applicant's medical information
received by the medical information Bureau may be furnished to the
insurance contract to the proposed insured - ANSWERS-what is being
delivered during a policy delivery?
send a notice to the MIB that the applicant was declined -
ANSWERS-a prepaid application for individual disability income
