AD Banker Comprehensive Exam
2025/2026 Exam Questions and Answers
| 100% Solved
5 months - 🧠ANSWER ✔✔The waiting period from the start of a disability to
be eligible to apply for Social Security disability is:
Nonoccupational Basis - 🧠ANSWER ✔✔Most group Disability Income
contracts are offered on a(n):
Dental expense insurance deductibles are normally waived for all of the
following, except: - 🧠ANSWER ✔✔Routinely paying premiums on time and
in full
Which of the following documents used for underwriting can be completed
by talking to the proposed insured over the phone?
,A
APS
B
Inspection report
C
Agent's report
D
MIB - 🧠ANSWER ✔✔Inspection Report
Which of the following business disability plans can create a taxable event:
A
Key person disability insurance
B
Business overhead expense
C
Disability buy-sell agreement
,D
Accidental death and dismemberment - 🧠ANSWER ✔✔Business overhead
expense
All of the following are correct regarding the coverage of a cancer policy,
except:
Coverage under this policy will pay for losses before primary medical
expense policiesr to prevent an insured from reaching annual or lifetime
policy limits
B
Benefits are provided for losses associated with a cancer diagnosis
C
Coverage for experimental treatments is usually provided
D
The policy will only provide benefits for losses covered on an underlying
medical expense policy - 🧠ANSWER ✔✔The policy will only provide
benefits for losses covered on an underlying medical expense policy
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, After K completed an application for health insurance, a paramedical
scheduled an appointment to check height, weight, blood pressure, and
collect blood and urine samples. This is an example of which source of
underwriting? - 🧠ANSWER ✔✔Medical exam
Under the Legal Actions Mandatory Uniform Provision, an insured must
wait at least _____ days after providing proof of loss before he or she can
take legal action against the insurer. - 🧠ANSWER ✔✔60 days
When underwriting group life, the underwriter treats the group as if it were:
- 🧠ANSWER ✔✔One individual
If an employer purchases a Key Person disability policy on an employee,
when would the disability benefit be received income tax free? - 🧠ANSWER
✔✔It is by definition tax-free since the employer buys it for his or her own
benefit
Upon joining an HMO, the plan will require the subscriber to select a: -
🧠ANSWER ✔✔Primary Care Physician
What is an impairment rider? - 🧠ANSWER ✔✔It excludes specific
conditions that normally would cause the entire policy to be declined
2025/2026 Exam Questions and Answers
| 100% Solved
5 months - 🧠ANSWER ✔✔The waiting period from the start of a disability to
be eligible to apply for Social Security disability is:
Nonoccupational Basis - 🧠ANSWER ✔✔Most group Disability Income
contracts are offered on a(n):
Dental expense insurance deductibles are normally waived for all of the
following, except: - 🧠ANSWER ✔✔Routinely paying premiums on time and
in full
Which of the following documents used for underwriting can be completed
by talking to the proposed insured over the phone?
,A
APS
B
Inspection report
C
Agent's report
D
MIB - 🧠ANSWER ✔✔Inspection Report
Which of the following business disability plans can create a taxable event:
A
Key person disability insurance
B
Business overhead expense
C
Disability buy-sell agreement
,D
Accidental death and dismemberment - 🧠ANSWER ✔✔Business overhead
expense
All of the following are correct regarding the coverage of a cancer policy,
except:
Coverage under this policy will pay for losses before primary medical
expense policiesr to prevent an insured from reaching annual or lifetime
policy limits
B
Benefits are provided for losses associated with a cancer diagnosis
C
Coverage for experimental treatments is usually provided
D
The policy will only provide benefits for losses covered on an underlying
medical expense policy - 🧠ANSWER ✔✔The policy will only provide
benefits for losses covered on an underlying medical expense policy
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, After K completed an application for health insurance, a paramedical
scheduled an appointment to check height, weight, blood pressure, and
collect blood and urine samples. This is an example of which source of
underwriting? - 🧠ANSWER ✔✔Medical exam
Under the Legal Actions Mandatory Uniform Provision, an insured must
wait at least _____ days after providing proof of loss before he or she can
take legal action against the insurer. - 🧠ANSWER ✔✔60 days
When underwriting group life, the underwriter treats the group as if it were:
- 🧠ANSWER ✔✔One individual
If an employer purchases a Key Person disability policy on an employee,
when would the disability benefit be received income tax free? - 🧠ANSWER
✔✔It is by definition tax-free since the employer buys it for his or her own
benefit
Upon joining an HMO, the plan will require the subscriber to select a: -
🧠ANSWER ✔✔Primary Care Physician
What is an impairment rider? - 🧠ANSWER ✔✔It excludes specific
conditions that normally would cause the entire policy to be declined
