Insurance wrong answers

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Metal class classifications

60% bronze 70% silver 80% gold 90%platinum

When J applied for 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 insurer's expense

Under HIPAA, which of the following is incorrect regarding eligibility requirements for conversion to an individual policy?

An individual who was previously covered by group health insurance for 6 months is eligible

All of the following are true regarding key person disability income insurance except

Premiums are tax deductible as business expense

Which of the following describes a "viatical settlement purchaser?"

Someone who gives $ as consideration to a life insurance policy

An insured purchased a noncancellable health insurance policy 1 year ago, which of the following circumstances would not be a reason for the insurance company to cancel the policy?

The insured is in an accident and incurs a large claim.

What is the purpose of COBRA

To provide continuation of coverage for terminated employees

an underwriter may obtain info on applicants hobbies, financial status , and habits by ordering an..

inspection report


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