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ACCIDENT AND HEALTH
INSURANCE EXAM QUEST IONS
WITH ANSWERS (230 QUESTIONS)
LATEST
Question : 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
Correct Answer: C: relation of earning to insurance
Question : The insured should be aware of the issue date
upon delivery a policy and the date should be listed on:
A: the policy summary
B: the first page of the contract
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C: the delivery receipt
D: upon conditional receipt
Correct Answer: B: the first page of the contract
Question : The policy has all of the following rights
EXCEPT:
A: Right to solely renew a guaranteed renewable policy.
B: Right to terminate a policy
C: Unilateral right to renew an Optionally renewable
policy
D: Right to assign a contract
Correct Answer: C: Unilateral right to renew an Optionally renewable policy
Question : The part of a contract that specifies which
expenses may or may not be covered is known as the:
A: Exclusion
B: Eligible Expense provision
C: Insuring Agreement
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D: Consideration Clause
Correct Answer: B: Eligible Expense provision
Question : Which of the following is considered to be a
mandatory provision in a health policy?
A: Time Limit on Certain Defenses
B: Change of Occupation
C: Illegal Occupation
D: Intoxicant/Narcotic Usage
Correct Answer: A: Time Limit on Certain Defenses
Question : Which of the following may be considered an
eligible expense found in a health policy?
A: Cosmetic Surgery
B: Premium payment
C: cold cream
D: Bus fare to receive treatment for a covered loss
Correct Answer: D: Bus fare to receive treatment for a covered loss
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Question : K has a policy that covers doctors visits but
limits the number of visits per calendar year and pays a
limited indemnification limit per visit. K has:
A: Basic Medical Expense
B: Physician Nonsurgical Coverage
C: Basic Surgical Policy
D: Basic Hospital Coverage
Correct Answer: B: Physician Nonsurgical Coverage
Question : All of the following are CORRECT about
Medicare EXCEPT:
A: An insured who is age 30 but collecting Social
Security disability for the last two years is eligible for Medicare.
B: An insured who is age 60 and is at the end stage of
renal failure is eligible for Medicare.
C: An insured who turns age 65 and is still employed is
eligible for Medicare.