FLORIDA HEALTH INSURANCE EXAM l HEALTH AND LIFE INSURANCE EXAM
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FLORIDA HEALTH INSURANCE EXAM l HEALTH AND LIFE INSURANCE EXAM FLORIDA HEALTH INSURANCE EXAM l HEALTH AND LIFE INSURANCE EXAM FLORIDA HEALTH INSURANCE EXAM l HEALTH AND LIFE INSURANCE EXAM FLORIDA HEALTH INSURANCE EXAM l HEALTH AND LIFE INSURANCE EXAM
FLORIDA HEALTH INSURANCE EXAM \ HEALTH AND LIFE INSURANCE EXAM: COMPREHENSIVE TEST BANK 2024 OVER 700 VERIFIED QUESTIONS & ANSWERS EXPERT SOLVED FOR SUC CESS IN HEALTH AND LIFE INSURANCE LICENSING EXAMS| GRADED A+ If the insured under a disability income insurance policy change to a more hazardous occupation after the policy has been issued, and a claim is filed, the insurance company should do which of the following? a. cancels the policy b. increases the premium c. exclude coverage for on -the-job policy d. adjusts the benefit in accordance with the increased risk d. a part of the premium rating concerns the hazard of occupation . which benefit is based on the persons primary insurance amount, PIA? a. death benefit in a universal life policy b. accidental death bene fit c. long term care benefit d. social security disability d. the amount of the social security disability benefit will be based on the persons primary insurance amount (PIA). the pia is based on the persons average indexed earnings on which social security taxes have been paid. An employer has sponsored a qualified retirement plan for its employees where the employer will contribute money whenever a profit is realized. What is this called? a. HR 10 plan b. Profit sharing plan c. 401k plan d. Tax sheltered amount plan b. A profit sharing plan is one where the employer will contribute monies into an employees retirement plan when the company shows a profit. The others are all qualified plans, but company profit isn't an issue with them. Which of the following would provide an underwriter with information concerning an applicants health history? a. the medical information bureau b. a medical examination c. the agents report d. the inspection report a. An agents report and inspection report provid e personal information. Medical exams provide information on current health. Only the mib will provide information about an applicants history. A health insurance policy lapses but is reinstated within an acceptable timeframe. How soon from the reinstatement date will coverage for accidents become effective? a. immediately b. after 14 days c. after 21 days d. after 31 days a. Coverage for accidents is immediate when reinstatement occurs, but coverage for sickness may have a waiting period of about 10 days. Which of the following statements about a suicide clause in a life insurance policy is true? a. suicide is covered as long as the policy is in force.
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