EXAM FX Missed Questions

when may HIV test results be provided to the MIB?

when the ind. is not identified

an employee is insured by a group major medical plan that is provided through her employer. the employer contributes 75% to the premiums paid and the employee contributes the remaining 25%. the policy amount is $1000, how much of the benefits would be taxed as income?

$0

the provision that sets forth the basic agreement between the insured and the insurer and states the insurer's promise to pay the death benefit upon the insured's death is

the insuring clause

the guaranteed purchase option is also referred to as

future increase option

what is the max age that a disabled insured worker may receive social security benefits

65

this is not a characteristic of a group health insurance plan

the parties that hold a group health insurance plan are the employees and the employer. coverage is between the employer and insurance company!!

these are all features of a health insurance plan purchased on a health insurance marketplace

- coverage for emergency services - coverage for pre-existing conditions - guaranteed renewability

the guaranteed insurability rider allows the owner to purchase additional amounts of insurance without proof of insurability at all of the following except:

purchase of a new home

an IRA contribution can be made from which of the following?

cash

an applicant gives her agent a completed application and the initial premium. what can the agent issue her that acknowledges the initial premium was paid?

conditional receipt

this is not true regarding a noncancellable policy

insurer can increase the premium beyond what is stated in the policy if claims experience is greater than expected

when a policy is being replaced, it should be known to the agent that the policy being replaced, is or is likely to be

lapsed assigned as collateral for a loan reissued with a reduction in the amount

what are the qualifications for an eligible employee for a small employer

full time worker (at least 30 hours)

an annuitant pays the premium annuity on the 14th of each month. which of the following best describes this arrangement?

level

an insured needs ongoing treatment for a diabetic condition. under PPACA, which of the following is correct?

the condition must be covered under the insured's plan