Study guides, Class notes & Summaries

PA Life, Accident, & Health Insurance Exam With 100% Correct Answers 2023

Life Health and Accident Insurance Exam and Notes Verified Solutions When completing the application, the agent would be expected to do all of the following EXCEPT? Set the final rates for the new policy If after completing the application the agent finds that a question was missed. The agent should? Schedule another appointment with the applicant to properly complete the application All of the following must sign the application EXCEPT? The underwriter or beneifciary If the agent co...

Which of the following is a true statement about dependent coverage on group health policies? Select one: a. The dependent can be a natural child, step child or adopted child. b. A child can be considered dependent after age 19 if he/she was disabled before that time. c. A child can be considered dependent after 19 if a full time student. d. All of the above: A dependent can be any of those listed. Usually coverage lasts until they reach 19, but if the child was mentally or physically di...

Life Health and Accident Insurance, Practice Test Questions With Correct Answers Latest Updated 2024/2025 | Graded A+. Which of the following is a true statement about dependent coverage on group health policies? Select one: a. The dependent can be a natural child, step child or adopted child. b. A child can be considered dependent after age 19 if he/she was disabled before that time. c. A child can be considered dependent after 19 if a full time student. d. All of the above: A dependent ...

Life Health and Accident Insurance Practice Test Questions With Correct Answers Latest Updated 2024/2025 | Graded A+. Which of the following is a true statement about dependent coverage on group health policies? Select one: a. The dependent can be a natural child, step child or adopted child. b. A child can be considered dependent after age 19 if he/she was disabled before that time. c. A child can be considered dependent after 19 if a full time student. d. All of the above: A dependent c...

Group Insurance - Answer- - the employer is the owner and receives the master contract - the employees are certificate holders which outlines the details of it - underwriting is much more liberal because its a large group and probably wont have adverse selection - if you want to get in at another time, employee has to show insurability What do you need to get Social Secutiry - Answer- - You have to work for 40 qtrs or 10 years Insurance Definition - Answer- - Transfer of risk from ...

Sally is considering her Medicare options. She understands that to enroll in Medicare Part B, she will have to pay a monthly premium. Since she is healthy, she is considering delaying her enrollment until later. Will she be able to enroll at a later date? 1.Yes, she can enroll at anytime in the future 2.Yes, however; she would have a permanent premium penalty when she does enroll 3.No, this is a take or leave it situation 4.Yes, but she would have to show evidence of good health. - Corre...

Health/Accident Insurance Exam Chapter 1 Quizzes & Ans..

Premiums paid by self-employed sole proprietors or partners for medical expense insurance are - answera) Not tax deductible b) Partially tax deductible c) Totally tax deductible d) Taxable c) Totally tax deductible - answerc) What is the purpose of a conditional receipt - answera) It is given by the agent only to applicants who fully prepay all scheduled premiums in advance of policy issue b) It is intended to provide coverage on a date earlier than the date of the issuance of the policy...

31. A group Disability Income plan that pays tax-free benefits to covered employees is considered 32. HIPAA considers which of the following as "individually identifiable health information"? 33. An employer is issued a group medical insurance policy. This single contract is known as a(n) 34. Group health plans may deny participation based upon the 35. Ron has a new employer and wishes to enroll in the company's group health plan. In determining whether his pre-existing health con...