State Farm Assessment Exam Questions
with Correct Answers
With short term disability insurance there are no policy riders or coordination of benefits
is this an accurate statement yes or no - Answers-
long term disability insurance allows customers to continue coverage through a variety
of riders - Answers-
based on state abailibitlity either the hospital income, supplemental health insurance
and or supplemental health insurance plus products may be available this type of
protection both on and off the job true or false - Answers-
customers seeking a medicare supplement plan in the value category may forgo some
benefits and accept some cost sharing in exchange for a lower premium true or false -
Answers-
short term disability insurance provides a streamland underwriting process it uses an
automated electronic application with limited screening questions true or false -
Answers-
included in the current state farm health product portfolio except what type of insurance.
- Answers-
supplemental health insurance and or supplemental health insurance plus products may
be available. this type of coverage provides 24 hour on and off the job. - Answers-
the primary purpose of life insurance is to provide a death benefit to the beneficiary. it is
important that the level of death benefit is adequate to cover the customers needs true
or false - Answers-
all of the following are types of permanent life insurance except
-guaranteed issue final expense
-limited pay whole life (10,15,20)
- single premium life
-whole life
-universal life
-return of premium - Answers-
Jim recently graduated he has no dependents and is interested in purchasing his first
life insurance policy to cover his final expenses in case something happens to him. he
wants the application process to be simple and prefers not to complete a medical exam.
what type of policy should he considers?
A. return of premium
with Correct Answers
With short term disability insurance there are no policy riders or coordination of benefits
is this an accurate statement yes or no - Answers-
long term disability insurance allows customers to continue coverage through a variety
of riders - Answers-
based on state abailibitlity either the hospital income, supplemental health insurance
and or supplemental health insurance plus products may be available this type of
protection both on and off the job true or false - Answers-
customers seeking a medicare supplement plan in the value category may forgo some
benefits and accept some cost sharing in exchange for a lower premium true or false -
Answers-
short term disability insurance provides a streamland underwriting process it uses an
automated electronic application with limited screening questions true or false -
Answers-
included in the current state farm health product portfolio except what type of insurance.
- Answers-
supplemental health insurance and or supplemental health insurance plus products may
be available. this type of coverage provides 24 hour on and off the job. - Answers-
the primary purpose of life insurance is to provide a death benefit to the beneficiary. it is
important that the level of death benefit is adequate to cover the customers needs true
or false - Answers-
all of the following are types of permanent life insurance except
-guaranteed issue final expense
-limited pay whole life (10,15,20)
- single premium life
-whole life
-universal life
-return of premium - Answers-
Jim recently graduated he has no dependents and is interested in purchasing his first
life insurance policy to cover his final expenses in case something happens to him. he
wants the application process to be simple and prefers not to complete a medical exam.
what type of policy should he considers?
A. return of premium
