Health Insurance Kentucky Pre-Exam Study |Question and Answer|

Health Insurance Kentucky Pre-Exam Study |Question and Answer| Fair Credit Reporting Act *Ans* Must advise people that reports and or medical reports on them are being requested When proof of loss has been furnished, periodic benefit payments must be made not less frequently than *Ans* monthly Partial Disability Payments *Ans* Partial disability payments are often made as the result of accident disability. Usual partial disability benefit is 50% of the toal disability benefit. Less hazardous work *Ans* lower premiums Elimination or Waiting Period *Ans* The period after a disability commences and before you may begin recieving benefits Require notice of continuance of claim *Ans* 6 months A&H Policy with Accidental BI *Ans* Phrase is less restrictive than the phrase accidental means The age of insured has been mistated, all amounts payable under the policy *Ans* such that the premium paid would have purchased at the correct age How many days must you submit the claim in *Ans* 90 days HMO Enrollment *Ans* voluntary Benefits can be paid to *Ans* a hospital, physician, or surgeon Application *Ans* Written statement made by the applicant to the insurance company requesting the issuance of an insurance policy on the basis of the information furnished in the app. Non Cancelable Policies *Ans* cant increase the premium rate after it is in effect Recurrent Disability *Ans* Disability, which is due to the same or a related cause of disability Optional Renewable Policy *Ans* Insured has A&H policy abd declines to renew Capital Sum *Ans* Benefit paid for Dismemberment