Guides d'étude, Notes de cours & Résumés

Colorado Health Insurance Exam| Questions and Verified Answers|100% Correct (2023/2024) Q: A group long-term disability plan is integrated with Social Security when which of the following statements is CORRECT? A. Social Security and group benefits pay a combined maximum limit. A. Social Security and group benefits pay a combined maximum limit. B. Full group benefits are paid in addition to Social Security benefits. B. Full group benefits are paid in addition to Social Security ben...

Florida Health Insurance Exam Questions With Verified Solutions Health insurance benefits NOT covered due to an act of war are: - answerexcluded by the insurer in the contract provisions Which type of renewability best describes a Disability Income policy that covers an individual until the age of 65, but the insurer has the right to change the premium rate for the overall risk class? - answerGuaranteed Renewable Which of the following statements about a Guaranteed Renewable Health Insura...

Florida Health 240 Insurance Exam Questions With Verified Solutions Rules of Construction - answerHelp to identify and establish the intent of the parties to the contract Utmost good faith - answerEach party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract - answerA contract under which one party's performance is contingent on an unc...

Florida Health Insurance Exam Questions And Answers (Verified And Updated) Consideration - answerIt is the binding force in any contract. Something of value that each party gives to the other. Insurer's is the promise to pay for losses; insured's is the premium and statements on the application. Representations - answerstatements believed to be true to the best of one's knowledge, but they are not guaranteed to be true. The Insured's statements on the application are _________________...

Illinois Life Producer General Exam SIMULATOR (125 questions) And Correct Answers. Illinois Life Producer General Exam SIMULATOR (125 questions) And Correct Answers.

Risk type expenses ☑: cannot be planned and is unintended Purpose of health insurance is ☑: to protect a insured against the risk of financial loss he/she cannot individually afford caused by illness, injury, or diability Indeminity ☑: Reimbursement Coordination of Benefits provision ☑: is in some health insurance policies; allows insurance companies to reduce benefits so that the insured will be paid no more that his/her actual loss. prevents the insured from collecting under m...

Health Insurance (Exam FX) Questions and Answers 100% pass Agent/Producer - Answer- A legal representative of an insurance company Broker - Answer- An insurance producer not appointed by an insurer and whom represents the client Insured - Answer- A person covered by an insurance policy Insurance policy - Answer- A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events Principal - Ans...

CT Life & Health Insurance Exam 2024(questions and answers)

Health Insurance Exam-Illinois Questions and Answers 100% Pass Risk type expenses - Answer- cannot be planned and is unintended Purpose of health insurance is - Answer- to protect a insured against the risk of financial loss he/she cannot individually afford caused by illness, injury, or diability Indeminity - Answer- Reimbursement Coordination of Benefits provision - Answer- is in some health insurance policies; allows insurance companies to reduce benefits so that the insured will be pa...

Agent/Producer : A legal representative of an insurance company Broker : An insurance producer not appointed by an insurer and whom represents the client Insured : A person covered by an insurance policy Insurance policy : A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events Principal : Insurer, company who issues insurance policies 2 | P a g e Policyowner : The person e...

PENNSYLVANIA LIFE, ACCIDENT AND HEALTH INSURANCE STATE EXAM WITH 100 QUESTIONS AND CORRECT ANSWERS/ PENNSYLVANIA HEALTH AND LIFE INSURANCE STATE EXAM REVIEW 2024 Premium payments for a universal life policy are NOT used for: - Separate account investments Under PA statute, first year commission for long-term care insurance may not be greater than - 50% of the first year premium 10-year level term life InsPol that has a death benefit of $2000,000. It is true that: - The face amount and p...