Learn as you go missed questions take 1 1/23

insurers who sell either Life or Variable Life Insurance in conjunction with other types of insurance are required to maintain capital stock of

2 million

Employer health plans must provide primary coverage for individuals with end-stage renal disease before Medicare becomes primary for how many months?

30 months.

To sign up for a Medicare prescription drug plan, individuals must first be enrolled in

Medicare Part A (or parts A and B)

the annual contribution limit of a Dependent Care Flexible Spending Account is set by

The IRS

When J. applied for a life insurance policy, the agent informed him that a medical exam would be required. The exam may be completed by

a paramedic or examining physician at the insurer's expense

under a key person disability income policy, premium payments

are made by the business and are NOT tax-deductible

which of the following best describes fixed period settlement option

both the principal and interest will be liquidated over a selected period of time

life insurance death proceeds are

generally not taxed as income

in order to minimize adverse selection, employer group dental plans may require employees who enroll after they were initially eligible to participate to do all of the following EXCEPT

increase benefits for a period of one year

annually renewable term policies provide a level death benefit for a premium that

increases annually

which of the following ultimately determines the interest rates paid to the owner of a fixed annuity

insurer's guaranteed minimum rate of interest

who might receive dividends from a mutual insurer

policyholders

Underwriting is a major consideration when an insured wishes to replace her current policy for all of the following reasons EXCEPT

premiums always stay the same

group life insurance policies issued in NE must contain all of the following provisions except

statements of the applicant are not considered warranties

in forming an insurance contract, when does acceptance usually occur?

when an insurer's underwriter approves coverage

Federal law makes it illegal for any individual convicted of a crime involving dishonesty or brach of trust to work in the business of insurance affecting interstate commerce

without receiving written consent from an insurance regulatory authority.