Under disability incom - Study guides, Class notes & Summaries

FLORIDA PERSONAL LINES EXAM | 300 ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS 100% CORRECT | UPDATE 2024

Insuring Which health policy clause specifies the amount of benefits to be paid Correct Answer: Insuring The investment gains from a universal life policy usually go to Correct Answer: The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? Correct Answer: Adjust the death benefit to a reduced amount An employee is covered under a company group life plan w...

Ohio life and Health Insurance Practice Final Already Passed Premiums paid that exceed 7 1/2% of an insured's Adjusted Gross Income (AGI) are tax- deductible when paid for which of the following plans? - Answer ️️ -Qualified Long-Term Care plan All _____ policies must be guaranteed renewable. - Answer ️️ -long-term care An attending physician's statement would be appropriate for which life insurance purpose? - Answer ️️ -At the request of the insurer to assist in the underwri...

In which of the following instances would the premium be tax deductible? -:- Premiums paid by an employer on a $30,000 group term life insurance plan for employees The provision in a health insurance policy that ensures that the insurer cannot refer to any document that is not contained in the contract is the -:- Entire contract clause. Under the Fair Credit Reporting Act, if the consumer challenges the accuracy of the information contained in his or her report, the reporting agency ...

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) All of the following government programs are types of income maintenance programs except: A) wage subsidy. B) social assistance. C) negative income tax schemes. D) unemployment insurance. E) the child tax credit. Answer: E 2) All of the following are sources of concern with income maintenance programs except that: A) They might reduce wages. B) They might increase wages. C) They migh...

1. A 22-year-old man is hypotensive and tachycardic after a shotgun wound to the left shoulder. His blood pressure is initially 80/40 mm Hg. After initial fluid resuscitation his blood pressure increases to 122/84mm Hg. His heart rate is now 100 beats per minute and his respiratory rate is 28 breaths per minute. A tube thoracostomy is performed for decreased left chest breath sounds with the return of a small amount of blood and no air leak. After chest tube insertion, the most appropriate next ...

Social Security as also know as? - Old Age, Survivors and Disability Insurance system (OASDI) What is Social Security combined with to provide a level of retirement security for the vast majority of Americans? - Medicare How might a planner use other forms of insurance when communicating with clients? - Most would not complain that they don't get their money's worth from a policy because it didn't burn down. They would be content with protection from catastrophic loss and happy that not...

Social Security as also know as? - Old Age, Survivors and Disability Insurance system (OASDI) What is Social Security combined with to provide a level of retirement security for the vast majority of Americans? - Medicare How might a planner use other forms of insurance when communicating with clients? - Most would not complain that they don't get their money's worth from a policy because it didn't burn down. They would be content with protection from catastrophic loss and happy that not...

Gross Earning The amount earned by any person before subtracting the taxes,loans and other possible deductions Net Earnings the amount earned by any person less the total deductions Deductions is the amount held by any authority as a form of payment for some necessary dues like taxes loans etc. Salary Fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum,made by an employer to an employee E = D + N Total Earning...