Illinois Accident and Health Producer General Exam SIMULATOR Questions Fully Solved.
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Course
Illinois Life Insurance
Institution
Illinois Life Insurance
The insured and insurance company will share the cost of covered losses under which health policy feature? - Answer Payment of Claims provision
M applies for a health insurance policy and pays the initial premium. When the agent completes the application, a conditional receipt is left with th...
Illinois Accident and Health Producer
General Exam SIMULATOR Questions
Fully Solved.
The insured and insurance company will share the cost of covered losses under which health policy
feature? - Answer Payment of Claims provision
M applies for a health insurance policy and pays the initial premium. When the agent completes the
application, a conditional receipt is left with the applicant. The insurance company's underwriting
department request's M's medical records and determines that M has had asthma for many years. All of
the following are probable underwriting outcomes, EXCEPT: - Answer Changing the policy's provisions
M applies for a health insurance policy and pays the initial premium. When the agent completes the
application, a conditional receipt is left with the applicant. The insurance company's underwriting
department request's M's medical records and determines that M has had asthma for many years. All of
the following are probable underwriting outcomes - Answer 1. Deny coverage
2. Approve with higher premiums
3. Attach a rider excluding specified coverages
Which type of policy would pay An employee salary if the employer was injured in a bicycle accident and
out of work for six weeks - Answer Business overhead expense
Which of the following types of organizations are prepaid group health plans, where members pay in
advance for services of participating physicians and hospitals that have agreements - Answer A Health
Maintenance Organization (HMO)
is a prepaid group health plan, where members pay in advance for the services of participating
physicians and hospitals that have agreements.
Which of these is not considered a preventative service in a dental plan - Answer Fillings
, (A Restorative Service. Oral Examinations, teeth cleaning, and fluoride treatments are preventative
services).
R becomes disabled and owns an individual Disability Income policy. When is R eligible to receive
disability benefits? - Answer Upon satisfying the elimination period requirement
The health insurance program which is administered by each state and funded by both the federal and
state governments is called - Answer Medicaid-
is funded by both the federal and state governments and administered by individual states.
A(n) ______ of benefits of a health policy transfers payments to someone other than the policyowner -
Answer assignment
Which type of plan normally includes hospice benefits? - Answer managed care plans
And health insurance Policies, a waiver of premium provision keeps the coverage in force without
premium payments - Answer After an insured has become totally disabled as defined in the policy
Z owns a Disability Income policy with a 30-day Elimination period. Z contracts pneumonia that leaves
him unable to work from January 1 until January 15. Z then becomes disabled from an accident on
February 1 and the disability lasts until July 1 the same year. Z will become eligible to receive benefits
starting on - Answer March 1st
The clause in an Accident and Health policy which defines the benefit amounts the insurer will pay is
called the - Answer Insuring clause
Jerry has an indemnity plan which covers dental expenses. Typically, these type of plans - Answer cover
preventative care once every six months
Which Long Term Care insurance statement is true? - Answer Pre-existing conditions must be covered
after the coverage has been in force for six months
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