California Life, Accident, and Health State Exam Questions and Answers Rated A

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California Life, Accident, and Health State Exam Questions and Answers Rated A "blackout period" affects ✔✔widowed spouse How long must an individual be unable to engage in any gainful activit... y due to physical or mental disability in order to qualify for total Social Security Total Disability? ✔✔12 months What does ESOP stand for? ✔✔Employee Stock Ownership Plan An example of risk sharing would be ✔✔Doctors pooling their money to cover malpractice exposures According to life insurance contract law, insurable interest exists ✔✔at the time of application In California, the elderly can receive information about health relates issues from? ✔✔HiCAP The purpose of Medicare Supplement Insurance is to address gaps in Medicare coverage, which can include? ✔✔Medicare in-hospital deductible Which of the following is Ineligible to participate in Section 125 plan? ✔✔An S-Corp Owner with greater than 2% share Which type of plan would be most appropriate for an individual on Medicare and is concerned that Medicare will NOT pay for charges exceeding the approved amount? ✔✔Medicare Supplement Plan F what is the purpose of the pre-existing condition insurance plan ✔✔Provides health insurance coverage to individuals who have preexisting conditions In most dental plans, a deductible typically is NOT applied to ✔✔Preventative and diagnostic services What guarantees that the statements supplied by an insurance applicant are true? ✔✔Warranty How is a health provider reimbursed if they do NOT have an agreement in place with the insurance company? ✔✔With a usual, customary, and reasonable fee A provision in a whole life policy that allows a policyowner to terminate the policy in return for a reduced paid-up policy of the same type is called a(n) ✔✔nonforfeiture provision Which of these statements regarding the annuitant is CORRECT? ✔✔The annuitant's life expectancy determines the annuity payments Dishonest tendencies that increase the probability of [Show More]

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