Webce 2023 - Study guides, Class notes & Summaries

WebCE Exam Questions And Answers Latest Update 2023/2024 Graded A+. On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above - Answer C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically based o...

WebCE questions with all verified answers; General Insurance & Life Insurance 2023/2024-WebCE questions with all verified answers; General Insurance & Life Insurance 2023/2024-WebCE questions with all verified answers; General Insurance & Life Insurance 2023/2024

On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above - CORRECT ANSWER C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically based on (or "triggered" by) the inability to perform a certain ...

WEBCE 2023 QUESTIONS WITH COMPLETE ANSWERS GRADED A+ On what basis are benefits payable under a long-term care insurance policy typically triggered? A) the diagnosis of an acute medical condition B) the number and types of medications prescribed C) the inability to perform of medications prescribed D) all of the above - CORRECT ANSWER C) The inability to perform defined ADLs The inability to perform defined ADLs. Benefits payable under a long-term care policy are typically based on...

Webce Life And Health Study • Representations and Warranties: Representations are statements the appli-can’t makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. • Underwriting vs. Actuarial Departments: Two related insurance company functions. Through the process of , applications are assessed for in- surability and to assign premium rates. The department analyzes datato help estimate f...

WEBCE Practice Exam 2 Questions and Answers Graded A+ | 2023/2024 WEBCE Practice Exam 2 Questions and Answers Graded A+ | 2023/2024 WEBCE Practice Exam 2 Questions and Answers Graded A+ | 2023/2024

WEBCE ACTUAL QUESTIONS AND ANSWERS WITH LATEST UPDATE 2023 1. which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, Frank wants to insure his life -wanting to increase his retirement savings, Saul invests his life savings in the stock market -Ralph takes a second mortgage on his house and uses the proceeds to gamble -wanting better job security, Ron cashes in his life insurance to start his own business: knowing that his family is depe...

WebCE Final Exam Questions With Correct Answers | Latest Update 2023/2024 (Graded A+). Which level of care has as its chief characteristic assistance with ADLs? A) Custodial B) Intermediate C) Skilled D) Managed - Answer- A) Custodial The primary characteristic of which is to provide assistance with the activities of daily living, helps meet personal rather than medical needs. All of the following are examples of formal caregiving EXCEPT: A) home health aides B) intermediate care facili...

WEBCE 2023 full solution(100% correct answers) Risk - answers-chance of loss Loss - answers-an unplanned reduction in economic value What risk is insurable? - answers-pure risk What are the two types of risk? - answers-pure risk and speculative risk Involves the possibility of a loss? - answers-pure risk Can result in either loss or gain? - answers-speculative risk