NJ ACCIDENT AND HEALTH FINAL EXAM
Questions and Answers
1. The Commissioner must approve
ANS Continuing education courses
2. Employer sponsored group health insurance provides coverage for
which of the following?
Self-inflicted injuries
cosmetic surgery
custodial care
alcoholism
ANS alcoholism
3. A Medicare supplement policy can be cancelled by the insurer for
ANS Nonpayment
4. Which entity is responsible for regulating insurance advertising in NJ?
ANS New Jersey Department of Banking and Insurance
5. Which of the following are retained at the expense of an
insurance buyer to give advice on insurance needed by the
,buyer?
Brokers and
consultants Insurance
prospectors Third-party
administrators Agents
ANS Brokers and consultants
6. Written
notice for a health claim must be given to the insurer days
after the occurrence of the loss.
ANS 20
7. In which of the following situations would the insurer be liable for a
loss?
a) The insured skipped a payment beyond the 31 day grace period
b) The insured was injured while participating in an illegal occupation
c)The insured was given a notice of cancellation from the insurer
d) The insured suffered an injury as an innocent bystander during
a bank robbery
ANS d) The insured suffered an injury as an innocent bystander during a bank robbery
8. When a Medicare supplement policy is purchased during the open
enrollment period
, ANS The policy must be issued regardless of health status
9. In what form do disability income policies typically pay benefits?
ANS Periodic income
10. What is considered to be the primary reason for buying life
insurance?
ANS Provide death benefits
11. A newborn is required
to be covered for days from the
moment of birth
ANS 30
12. Once
an accident and health insurance policy has been in force for
year(s), the policy may NOT be contested by the insurer
ANS 2
13. A doctor who accepts Medicare assignment agrees to which of
the following
- Doctor may charge up to a maximum of 15% more than Medicare pays
for the service
Questions and Answers
1. The Commissioner must approve
ANS Continuing education courses
2. Employer sponsored group health insurance provides coverage for
which of the following?
Self-inflicted injuries
cosmetic surgery
custodial care
alcoholism
ANS alcoholism
3. A Medicare supplement policy can be cancelled by the insurer for
ANS Nonpayment
4. Which entity is responsible for regulating insurance advertising in NJ?
ANS New Jersey Department of Banking and Insurance
5. Which of the following are retained at the expense of an
insurance buyer to give advice on insurance needed by the
,buyer?
Brokers and
consultants Insurance
prospectors Third-party
administrators Agents
ANS Brokers and consultants
6. Written
notice for a health claim must be given to the insurer days
after the occurrence of the loss.
ANS 20
7. In which of the following situations would the insurer be liable for a
loss?
a) The insured skipped a payment beyond the 31 day grace period
b) The insured was injured while participating in an illegal occupation
c)The insured was given a notice of cancellation from the insurer
d) The insured suffered an injury as an innocent bystander during
a bank robbery
ANS d) The insured suffered an injury as an innocent bystander during a bank robbery
8. When a Medicare supplement policy is purchased during the open
enrollment period
, ANS The policy must be issued regardless of health status
9. In what form do disability income policies typically pay benefits?
ANS Periodic income
10. What is considered to be the primary reason for buying life
insurance?
ANS Provide death benefits
11. A newborn is required
to be covered for days from the
moment of birth
ANS 30
12. Once
an accident and health insurance policy has been in force for
year(s), the policy may NOT be contested by the insurer
ANS 2
13. A doctor who accepts Medicare assignment agrees to which of
the following
- Doctor may charge up to a maximum of 15% more than Medicare pays
for the service
