Exam (elaborations)
Xcel solutions final exam Maryland Life and health Questions and Answers Rated A+
- Course
- Institution
Xcel solutions final exam Maryland Life and health
[Show more]
Content preview
Xcel solutions final exam Maryland Lifeand health
What is normally the consequence for NOT obtaining preadmission certification prior to
receiving inpatient medical care? - answer A reduction in benefits
A group-owned insurance company that is formed to assume and spread the liability
risks of its members is known as a - answer Risk retention group
During the application process, a statement made by an applicant that becomes part of
the contract is considered to be a(n) - answer Warranty
What is taken into consideration when defining "total disability" in a disability income
insurance policy? - answer The insured's education, training and experience
Sarah, age 88, is a life annuitant who has lived beyond her life expectancy. The funds
for additional benefit payments will be derived primarily from funds that were - answer
not distributed to life annuitants who died before life expectancy
Which type of policy can group term life insurance normally be converted to? -
answerAn individual permanent life insurance policy
Impatient psychiatric care is covered under Part A Medicare insurance for 190 days per
- answerLifetime
A source of supplemental income for a life insurance policyowner can be derived from
the - answerCash value
The absolute assignment of a life insurance policy results in - answerall incidents of
ownership transferred to the assignee
All of these statements concerning group credit life insurance are false EXCEPT -
answerThe face amount is based on the outstanding loan balance
Which statement concerning adjustable life insurance is accurate? - answerThe face
amount and premiums can be changed simultaneously by the policyowner
Which settlement option makes minimum guaranteed dollar payments over a stated
number of years? - answerFixed-Period
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 Dreamer252. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
