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MO Life Accident and Health Insurance Producer questions and answers graded A+ 2025/2026
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MO Life Accident and Health Insurance Producer questions and answers graded A+ 2025/2026
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MO Life Accident and Health InsuranceProducer
An employee who owns an person disability earnings policy is injured in an vehicle accident and
documents proof of loss with the insurance corporation. Under the fee of claims provision within
the policy, the employer will possibly pay the coverage blessings to the
A: Insured's company
B: Insured's attending doctor if the insured has assigned the advantages
C: Insured's beneficiary
D: Insured
D: Insured
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Which of the following statements is CORRECT about beneficiary designations?
A: By naming an irrevocable beneficiary, a policy proprietor forfeits the right to change the
beneficiary
B: A number one beneficiary won't be a minor
C: A primary beneficiary and a contingent beneficiary each receive one-half of of the proceeds
D: In group insurance, the employer is the beneficiary for each employee
A: By naming an irrevocable beneficiary, a policy proprietor forfeits the right to change the
beneficiary
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Which of the following statements is CORRECT about medicare?
A: It is a scientific assistance application
B: It is a health center and clinical price coverage program
C: It gives blessings to totally disabled persons most effective
D: Its component A offers payment for physicians' payments
B: It is a hospital and scientific price insurance software
An insured is injured at the same time as robbing a financial institution. If the insured's Accident
and Health policy consists of an illegal career provision, the policy pays
A: The complete blessings
B: One-half of of the coverage advantages
C: A premium refund best
D: Nothing
A: The full blessings
Which of the subsequent statements is CORRECT about an man or woman disability earnings
coverage?
A: Its blessings are taxable
B: It is considered to be a compensation coverage
C: It often includes an Elimination period
D: It has a six-month incontestable clause
C: It regularly contains an Elimination duration
,Which of the subsequent statements is correct approximately statements a proposed insured
makes on a existence coverage application?
A: They are warranties and are considered to be actually true
B: They are representations and deemed authentic to the great of the applicant's information
C: The manufacturer is liable for determining their reality
D: If untrue, they are deemed an act of concealment and mechanically void the coverage
B: They are representations and deemed true to the high-quality of the applicant's knowledge
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If an insured fails to pay the premium when due, the insured's fitness policy will remain in
pressure for a distinct time period below which of the following provisions?
A: Grace period
B: Waiver of top rate
C: Guaranteed insurability
D: Entire contract
B: Waiver of top class
Which of the subsequent statements is CORRECT about advantages supplied by means of a
fundamental health facility and surgical policy?
A: They are lower than the real fees incurred
B: They are problem to huge deductibles
C: They are better than the ones provided via primary clinical rules
D: They are unlimited
A: They are lower than the actual charges incurred
On May 14, a prospect completes an software for insurance. The producer collects the initial top
class and problems a conditional receipt. The insurance agency determines that the chance is
insurable and troubles a wellknown coverage on May 26. If the producer delivers the coverage
to the insured on June 1, the powerful date of insurance is
, A: May 14
B: May 24
C: May 26
D: June 1
C: May 26
Which of the following statements is required by means of Long-Term care insures whilst
relating to inflation protection in certified Long Term care policies?
A: All regulations need to encompass inflation protection
B: It is mandatory for the insurance organizations to provide clients the option of inflation safety
C: The insurance companies have the choice in the event that they need to provide inflation
protection
D: The purchaser have to request inflation protection after the coverage is issued
A: All rules ought to include inflation protection
Which of the following sections of an insurance agreement limits insurance?
A: Waiver of premium
B: Conditions
C: Exclusions
D: Declarations
B: Conditions
On July 1, a manufacturer accepts an software and the once a year top class for a health policy.
On July 15, the insurance organisation issues the coverage, however the manufacturer does no
longer supply it until August 15. If the insured comes to a decision no longer to simply accept
the coverage and returns it to the producer on August 24, the enterprise will:
A: Refund the total top rate
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