Health Insurance Ch. 1 Review
The date of the medical exam
An individual applied for an insurance policy and paid the initial premium. The insurer issued a conditional receipt. Five days later the applicant had to submit to a medical exam. If the policy is issued, what would be the policy's effective date?
Erase the incorrect answer and record the correct answer
If a change needs to be made to the application for insurance, the agent may do all of the following EXCEPT
Ancestry
If an insurance company wishes to order a consumer report on an applicant to assist in the underwriting process, and if a notice of insurance information practices has been provided, the report may contain all of the following information EXCEPT the applicants
Adhesion
Insurance policies are not drawn up through negotiations, and an insured has little to say about its provisions. What contract characteristics does this describe?
$2,500
What is the maximum penalty for habitual willful noncompliance with the Fair Credit Reporting Act?
When the application is signed and a check is given to the agent
When is the earliest a policy may go into effect?
