Pearson Vue National Health Insurance Practice Test With Solutions 100% Solved
1 view 0 purchase
Course
PearsonVue Life Insurance
Institution
PearsonVue Life Insurance
Pearson Vue National Health Insurance
Practice Test With Solutions 100% Solved
Which of the following statements is CORRECT about a Waiver of Premium provision in a
Disability Income policy?
A. It allows the insurer to deduct premiums due from the disabled insured's benefit payments.
B. It a...
Pearson Vue National Health Insurance
Practice Test With Solutions 100% Solved
Which of the following statements is CORRECT about a Waiver of Premium provision in a
Disability Income policy?
A. It allows the insurer to deduct premiums due from the disabled insured's benefit payments.
B. It allows the insurer to increase the amount of premium during the insured's time of disability.
C. It allows the insured to extend the length of the Grace Period while disabled.
D. It allows the insured to maintain a policy in force while disabled and unable to pay premiums.
d
Suicide, pre-existing conditions and self-inflicted injuries are dealt with in which of the
following policy features?
A. Extensions of coverage
, Pearson Vue National Health Insurance
Practice Test With Solutions 100% Solved
B. Benefits clause
C. Riders
D. Exclusions d
An insured becomes disabled three years after his Disability Income policy is issued. The
disability is caused by a condition that existed prior to the policy issue date but was not
specifically excluded from coverage. In this situation, the insurer will most likely take which of
the following actions?
A. Pay the full claim
B. Pay the claim for a maximum of six months only
C. Deny the claim on the basis of misrepresentation
D. Deny the claim because it involves a pre-existing condition a
, Pearson Vue National Health Insurance
Practice Test With Solutions 100% Solved
A health care plan that reimburses a flat fee for medical care it provides at a clinic it owns and
operates is referred to as:
A. Health Maintenance Organization
B. Medicaid
C. Medicare
D. Multiple Employer Trust (MET) a
Which of the following laws requires an insurer to notify an applicant in writing that an
investigative consumer report may be made on the applicant?
A. Uniform Provisions Law
B. Freedom of Information Act
, Pearson Vue National Health Insurance
Practice Test With Solutions 100% Solved
C. Medical Information Bureau Disclosure Act
D. Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) d
Under a Guaranteed Renewable Accident & Health policy, an insurer retains the right to:
A.increase the premium rate for one insured without increasing the rate for others in the same
class
A. increase the premium rate for one insured without increasing the rate for others in the same
class
B. increase the premium rate for an entire class of insureds
C. increase the benefits for an individual insured
D. decrease benefits for one insured without decreasing benefits for others in the same class
d
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 UpperClass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.49. You're not tied to anything after your purchase.
