Exam (elaborations)
ARKANSAS HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS
- Course
- Institution
ARKANSAS HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS
[Show more]
Content preview
1-214 of 214All insurers must be members of what organization, as a condition of their authority to
transact insurance in Arkansas?
Give this one a try later!
Arkansas Life and Disability Insurance Guaranty Association
An example of rebating would be:
,Give this one a try later!
returning a portion of a premium as inducement to purchase insurance
Which of the following is present when an applicant stands to lose value if the insured
dies?
Give this one a try later!
Insurable interest
Richard owns an insurance policy that is renewable only at the option of the insurance
company. His policy is considered to be:
Give this one a try later!
Optionally renewable
Frank is shopping for a disability income policy. Which of the following would have the
HIGHEST premium?
Give this one a try later!
14 day waiting period / 10 year benefit period
An indemnity plan:
,Give this one a try later!
provides the insured a specific dollar amount for services
Credit Accident and Health Plans are designed to:
Give this one a try later!
Help pay off existing loans during periods of disability
An employee under a group insurance policy has the right to name a beneficiary and
the right to:
Give this one a try later!
Convert to an individual policy in the event of employment termination
Claims payable to a Disability Income insured, even when the insured can continue to
work, are the result of a:
Give this one a try later!
Presumptive disability
In group health care, what is the purpose of the coordination of benefits provision?
, Give this one a try later!
Determines what is paid by the primary & secondary insurers in the event
of a claim
The term which describes the fact that both parties of a contract may NOT receive the
same value is referred to as:
Give this one a try later!
Aleatory
According to the life insurance contract law, insurable interest exists
Give this one a try later!
At the time of the application
Medicare Part A covers
Give this one a try later!
Inpatient hospital stay
An HMO that involves a partnership of physicians and other providers who practice
out of a central facility is called a(n)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller selftest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now