Final Exam: California Life, Accident, and Health Insurance Questions And Answers./California Life and Health Final Exam/Final Exam: California Life, Accident, and Health Insurance/Final Exam: California Life, Accident, and Health Insurance/CALIFORNIA Lif

Employer-provided group term life insurance is exempt from income taxation up to - Answer- $50,000 Medicare Part B has an initial enrollment period. How many months after an individual's 65th birthday month does this enrollment period end? - Answer- 3 months Which statement is true regarding ...

A ABC INSURANCE - Answer- JOHN IS THE AGENT FOR ABC INSURANCE AND JANE IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? A ABC INSURANCE B JOHN C JANE D NONE D ADMITTED - Answer- A(N) ________ INSURER IS AUTHORIZED TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE. A D...

What is considered the most common type of specified disease insurance policy? - Answer- Cancer Minimum participation standards exist for a group health insurance plans in order to - Answer- Prevent Adverse Selection How does underwriting differ between group life and individual life insurance...

A moral hazard - Answer- is a dishonest person (lacking in morals) A morale hazard - Answer- a careless person. A peril - Answer- is a cause of loss Pure risk - Answer- is insurable & includes only a chance of loss. The highest premium - Answer- would be found with a substandard risk cla...

The type of health care assistance that is provided by medical specialists is referred to as _____________ care. - Answer- skilled The type of health care assistance that is provided by aides, volunteers, family members or friends is referred to as _____________ care. - Answer- custodial If a ...