life and health

which of the following is not a required provision in a group life policy

accidental death and dismemberment

in Missouri, all health policies must address diabetes coverage in which way?

apply the same deductible and copays to covered diabetic supplies as other medical conditions

when an unfair trade practice has been discovered, the director may issue a

cease and desist order

when an insured changes to a more hazardous occupation, which disability policy provision allows an insurer to adjust policy benefits and rates

change of occupation provision

Which of these actions is taken when a policyowner uses a Life Insurance policy as collateral for a bank loan?

collateral assignment

which of the following correctly explains the actions an agent should take if a customer wants to apply for an insurance policy

complete the application and review the information with the customer prior to obtaining the customers signature- then send the application off to the insurance company

on August 6, D submitted an application for $50,000 life insurance policy and did not pay the inital premium. on August 18, D went to his doctor complaining of chest pains and some tests were given by the doctor. the life policy was deliverd by the producer on august 20 and d explains what had recently taken place

collect initial premium along with a signed health statement

the COBRA act gives workers and their families whose employment has been terminated the right to

continue group health benefits

When an employee is required to pay a portion of the premium for an employer/employee group health plan, the employee is covered under which of the following plans?

contributory

a credit life insurance policy covers the life of the

debtor

S is the policyowner of a Major Medical policy. The premiums are paid monthly and due on the 1st of each month. S fails to make September's payment and is hospitalized October 15th. When S files the claim for this hospitalization, the insurer will likely:

deny the claim

K becomes ill after traveling overseas and is unable to work for 3 months. What kind of policy would cover her loss of income?

diability income

health policies that contain coverage for low protein modified food products for treatment of PKU or any inherited disease of amino and organic acids require a coinsurance not to exceed ____

50%

How are Roth IRA distributions normally taxed?

Distributions are received tax-free

T purchased a $100,000 single premium, straight life annuity 5 years ago. he has received monthly payments since the inception of the annuity. if t dies, the insurance company

does not have to make further payments

health insurance benefits not covered due to an act of war are

excluded by the insurer in the contract provisions

medicare part B does not cover

inpatient hospital services

Information obtained from a phone conversation to the proposed insured can be found in which of these reports?

inspection report

An architecture firm would stand to lose a lot of money in the event of the death of its project manager. Which type of policy should the firm purchase on its project manager?

key person life policy

which medicare product requires use of specifc hospitals and physicans for non emergency care

medicare select

which of the following activities may not be granted as credit for continuing education units?

meeting sales quotas

what must a producer sign when an exiting life insurance policy is being reissued with a reduction in cash value

notice regarding replacement

a major medical policy typically-

provides benefits for reasonable and necessary medical expenses subject to policy limits

which of these is not required group life policy provision

right to loan proceeds

What should an insured do if the insurer does not send claims forms within the time period set forth in a health policy's Claims Forms provision?

submit the claim in any form

when making a recommendation to a consumer to purchase an annuity, the producer must make reasonable efforts to obtain

suitability information

T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase?

ten-year endowment

the reason for backdating a policy is

to obtain a premium rate based on an earlier age

R becomes disabled and owns an individual Disability Income policy. When is R eligible to receive disability benefits?

upon satisfying the elimination period requirement