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Accident and Health Insurance Exam Questions & Answers 2023(RATED A)
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Accident and Health Insurance Exam Questions & Answers 2023(RATED A)
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Accident and Health Insurance Exam Questions AndCorrect Answers(verified)
1. H has suffered a covered disability away from her job and will shortly begin
collecting benefits. The insurer sends a letter to H stating that she will not
receive any benefit amounts greater than her income. This clause is known
as:
A: Over-insurance clause
B: free look
C: relation of earning to insurance
D: relation of economic value: C: relation of earning to insurance
2. The insured should be aware of the issue date upon delivery a policy and
the date should be listed on:
,A: the policy summary
B: the first page of the contract
C: the delivery receipt
D: upon conditional receipt: B: the first page of the contract
3. The policy has all of the following rights EXCEPT:
A: Right to solely renew a guaranteed renewable policy.
B: Right to terminate a policy
C: Unilateral right to renew an Optionally renewable policy
D: Right to assign a contract: C: Unilateral right to renew an Optionally renewable
policy
4. The part of a contract that specifies which expenses may or may not be
covered is known as the:
A: Exclusion
B: Eligible Expense provision
C: Insuring Agreement
D: Consideration Clause: B: Eligible Expense provision
,5. Which of the following is considered to be a mandatory provision in a health
policy?
A: Time Limit on Certain Defenses
B: Change of Occupation
C: Illegal Occupation
D: Intoxicant/Narcotic Usage: A: Time Limit on Certain Defenses
6. Which of the following may be considered an eligible expense found in a
health policy?
A: Cosmetic Surgery
B: Premium payment
C: cold cream
D: Bus fare to receive treatment for a covered loss: D: Bus fare to receive
treatment for a covered loss
, 7. K has a policy that covers doctors visits but limits the number of visits per
calendar year and pays a limited indemnification limit per visit. K has:
A: Basic Medical Expense
B: Physician Nonsurgical Coverage
C: Basic Surgical Policy
D: Basic Hospital Coverage: B: Physician Nonsurgical Coverage
8. All of the following are CORRECT about Medicare EXCEPT:
A: An insured who is age 30 but collecting Social Security disability for the
last two years is eligible for Medicare.
B: An insured who is age 60 and is at the end stage of renal failure is eligible
for Medicare.
C: An insured who turns age 65 and is still employed is eligible for Medicare.
D: An insured who has Medicare Part A is eligible to enroll for Medigap policies
within six months of enrolling in Part A.: D: An insured who has Medicare Part
A is eligible to enroll for Medigap policies within six months of enrolling in Part A.
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