Question 1

All of the following are standard exclusions in individual disability income policies EXCEPT

Options :

A : self-inflicted injuries.

B : preexisting conditions.

C : active military duty.

D : accidental injuries.

Answer: D

Question 2

In health insurance the coinsurance is

Options :

A : a percentage of the cost for covered expenses paid by more than one insurer.

B : a portion of the premium paid by the insured and insurer for each covered service.

C : a payment shared by the insured and provider of covered service minus the deductible.

D : a percentage paid for covered expenses by the insured and insurer after the deductible is satisfied.

Answer: D

Question 3

A life insurance application is important for all of the following reasons EXCEPT

Options :

A : statements made in the application are required to be true to the best of the applicant’s knowledge.

B : the beneficiary must sign the application before the insurer will issue the policy.

C : the application becomes a part of the policy, if a copy is attached.

D : the application contains essential information about the applicant.

Answer: B

Question 4

The total premium paid by a life policy owner for one policy year is

Options :

A : the same regardless of the frequency of payment.

B : less when paid quarterly than if paid semiannually.

C : greater if the premium is paid semiannually rather than annually.

D :

based on the assumption that the insured will pay policy premiums at the end of the policy year in one payment; if paid earlier in the policy year, a discount will be allowed.

Answer: C

Question 5

What is the first step in submitting Medicare claims?

Options :

A : The patient submits expenses to Medicare.

B : The medical provider submits expenses to Medicare.

C : The medical provider submits expenses to the patient.

D : Medicare submits expenses to the Medicare supplement provider.

Answer: A

Free CA-Life-Accident-and-Health Mock Exam – Practice Online Confidently

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