Life and accident insu - Study guides, Class notes & Summaries

PA Health, Life and Accident insurance exam part 2 Latest Update Graded A+ Which of the following is considered to be an alternative to a life settlement? Accelerated death benefit rider The document that describes policy features, benefits, exclusions, and riders in Long-Term Care policy is known as Outline of Coverage No Long-Term care may exclude pre-existing conditions for a period of more than 6 months The cause of a loss is referred to as Peril Which of these statements a...

Which of the following is considered to be an alternative to a life settlement? - ANSWER ☑☑Accelerated death benefit rider The document that describes policy features, benefits, exclusions, and riders in Long-Term Care policy is known as - ANSWER ☑☑Outline of Coverage No Long-Term care may exclude pre-existing conditions for a period of more than - ANSWER ☑☑6 months The cause of a loss is referred to as - ANSWER ☑☑Peril Which of the following is NOT eligible depen...

ARIZONA LIFE, ACCIDENT AND HEALTH OR SICKNESS INSURANCE PRODUCER #1333

LIFE ACCIDENT INSURANCE LATEST EXAM WITH COMPLETE SOLUTION VERIFIED 2023/2024 (Questions and Answers) Accidental Injury - answerAn unforeseen and unintentional bodily injury resulting from an accident. Accidental Means - answerRestrictive definition of accident in which the cause of the accident must be unintentional and unexpected. Accumulation at Interest - answerDividend option in which the insurer retains the dividend to be invested. Accumulation Period - answerThe pay-in period of an...

PA HEALTH, LIFE AND ACCIDENT INSURANCE EXAM PART 2|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS

Indiana Life and Health - IN Ch. 1 Health and Accident Insurance REVIEW with 100% Verified Questions and Answers.

Accumulation units are converted into annuity units: - at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. - noncontributory If a disabled worker covered under Social Security disability benefits recovers and then is disabled again within five years, a new waiting period is required before benefits begin again. - FALSE Robert had an accident and qualified for Social Security disability. Given the wait...

California Life, Accident, and Health State Exam Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - No payments - 30 payments - 60 payments - 120 payments - Answer ️️ -60 Payments An annuitant would like to determine the amount of an annuity distribution that is exempt from taxation. What is used to calculate this? - Mortality rate - Exclu...

Health insurance coverage under COBRA, HIPAA guarantees that the person will - Have Acces to a guaranteed-issue individual health policy, regardless of health All the following statements about ordinary (or straight) whole life insurance are correct - The cash value remains level throughout the life of the policy Which activity in NOT an error or omission that makes an agent or producer legally to both the insurance and the insure - Placing insurance with an approved surplus line insurer A...