Which risk is insura - Study guides, Class notes & Summaries

Webce Life and Health Exam Questions With Correct Answers Representations and Warranties - answerRepresentations are statements the applicant 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 - answerTwo related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The _____...

109 ExamFX Pennsylvania life and health ExamFX simulated exam. Graded A Document Content and Description Below 109 ExamFX Pennsylvania life and health ExamFX simulated exam Questions and 100% Correct Answers 1. An employee becomes insured under a PPO plan provided by his employer. If the insured decides to go to a physician who is not a PPO provider, which of the following will happen? ANS: The PPO will pay reduced benefits 2. Insurers may change which of the following on a guaranteed renewabl...

Life and Health Insurance exam Questions and Answers What year was the McCarren-Ferguson Act enacted? - Answer-1945 Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated? - Answer-1070 Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - Answer-fraternal benefit society What type of reinsurance contract involves two c...

NREMT Exam, Answers Deeply Explained, latest Updated Which of the following is an example of an unsafe scene for an EMT-Basic to enter? A. Fifty-four-year old male with difficulty breathing B. Twenty-three-year old female with abdominal pain C. Eighteen-year old adolescent with a gunshot wound to the chest D. Four-year old child with leg pain - C. Eighteen-year old adolescent with a gunshot wound to the chest Reason: Any dispatch to a call with violence involved, such as a gunshot wound,...

Question 1 10 out of 10 points What form is provided to a patient to indicate a service may not be covered by Medicare and the patient may be responsible for the charges? Selected Answer: d. ABN Correct Answer: d. ABN Response Feedback: Rationale: An Advanced Beneficiary Notice (ABN) is used when a Medicare beneficiary requests or agrees to receive a procedure or service that Medicare may not cover. This form notifies the patient of potential out of pocket costs for the patient....