Renewability provisions - Study guides, Class notes & Summaries

Comprehensive Final Certification Exam: Illinois Health Insurance (Xcel Solutions) Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - Answer ️️ -home health care Jennifer is required to pay a specific sum out of pocket before any benefits are paid in a year. Her health policy most likely contains a(n) - Answer ️️ -deductible When a producer submits an insurance applicaton, the application is REQ...

H has suffered a covered disability away from her job and will shortly begin collecting benefits. The insurer sends a letter to H stating that she will not receive any benefit amounts greater than her income. This clause is known as: A: Over-insurance clause B: free look C: relation of earning to insurance D: relation of economic value - answer-C: relation of earning to insurance The insured should be aware of the issue date upon delivery a policy and the date should be listed on: A: the...

215 FL License exam | Questions and Correct Solutions | latest Update 2024/2025| Graded A+ Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? - Answer -Notice to existing and replacing insurers of intention to replace Which of the following is not considered rebating? - Answer -Sharing commissions with an agent licensed in the same line of business According to Florida law which of the fol...

Colorado Health Insurance Exam| Questions and Verified Answers| Grade A (2023/2024) QUESTION J has a physical impairment, attends school, and is incapable of self-sustaining employment and/ or self care. Which of the following statements is CORRECT about J's medical coverage under J's father's group plan? A. J's coverage ceases, but J may apply for group student coverage. B. J's coverage automatically discontinues at age twenty-six. C. J's coverage continues only as long ...

Study Guide for Wisconsin Health and Accident Insurance Course Exam 2024 Questions and Answers Medical Expense Insurance - CORRECT ANSWER-includes plans that cover hospital care, surgical expenses, doctor visits, and outpatient care, along with most of your other basic medical expenses Disability Income Insurance - CORRECT ANSWER-provides replacement income when wages are lost due to a disability -does not cover medical expenses associated with a disability Accidental Death and Dis...

Kentucky Health Insurance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A QUESTION The Medical Information Bureau (MIB) was created to protect 1. Insureds from unreasonable underwriting requirements by the insurance companies. 2. Medical examiners that perform insurance physical examinations. 3. Insurance companies from adverse selection by high risk persons. 4. Insurance departments from lawsuits by policyowners. Answer: Insurance compa- n...

Accidental Death and Dismemberment Insurance Ans: provides a beneficiary with a lump sum death benefit in the event of accidental death and will pay a living benefit to for a dismemberment Renewability Provisions Ans: define the rights of the insurer to cancel the policy at different points during the life of the policy. The more advantages the renewability provisions the more expensive the coverage There are five principal renewability classifications -cancellable -optionally renewabl...

AMCA Certification Exam 2024 New Questions 2024 with 100% Correct Answers | Verified | Latest Update | 100% Pass| Already Graded A+ Empathy Having an understanding and compassion for what the patient may be experiencing Established Patient Has been seen by the physician within 3 years New Patient Hasn't been to the physician in 3 years CMS Center for Medicare and Medicaid services HIPAA Title I Healthcare Access, Portability and Renewability HIPAA Title II Preventing Health Care Fraud a...

Xcel Solutions Final Exam (2024/ 2025) Questions and Verified Answers| 100% Correct| Grade A Q: Which type of plan normally includes hospice benefits Answer: Managed care plans Q: Non-occupational disability coverage is designed for Answer: Employees who suffer non work related disabilities, since work related disabilities are covered by workers compensation Q: A policy of adhesion can only be modified by whom Answer: The insurance company Q: G is an acc...

Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - home health care Jennifer is required to pay a specific sum out of pocket before any benefits are paid in a year. Her health policy most likely contains a(n) - deductible When a producer submits an insurance applicaton, the application is REQUIRED to contain the producer's - name and address Which of these provisions is required under an inidvidual Acc...