XCEL Chapter 5 Study Review Test.

XCEL Chapter 5 Study Review Test. Which of the following is NOT a required uniform provision in individual health policies? - CORRECT ANSWER Change of occupation The misstatement of age provision in a health policy states that if an insured gives the wrong age at the time of application, what action can the insurance company take? - CORRECT ANSWER Benefits can be adjusted The conditions, times, and circumstances under which an insured is NOT covered by a health policy are called - CORRECT ANSWER exclusions In what situation does a waiver of premium provision keep a health insurance policy in force without premium payments? - CORRECT ANSWER "When an insured becomes totally disabled Under the Payment of Claims provision, when are benefits typically payable after proof of loss is received? - CORRECT ANSWER Immediately The insurer has the option of terminating a health insurance policy on a date stated in the contract. What type of policy is this? - CORRECT ANSWER Optionally renewable Which type of health insurance policy cannot be canceled by the insurer nor increase the premiums? - CORRECT ANSWER Noncancellable