Question 1

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 2

Medicare Part B pays for

Options :

A : hospice care.

B : prescription drugs.

C : physicians' services.

D : the first 60 days of hospitalization.

Answer: C

Question 3

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 4

The initial enrollment period for Medicare Part B ends how many months after the 65th birthday month?

Options :

A : One month.

B : Three months.

C : Five months.

D : Seven months.

Answer: D

Question 5

The theory of probability is applied to life insurance through the use of

Options :

A : morbidity tables.

B : mortality tables.

C : the needs approach.

D : the human life value approach.

Answer: B

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