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1. A 65-year-old employee who works for an employer with 24 employees is disabled on the job. The employee has fully recovered and returned to work. Which health coverage is primary?
A) his employer ' s group plan
B) workers ' compensation
C) an individual plan
D) Medicaid
2. In health insurance policies, the reinstatement provision is
A) mandatory.
B) not required.
C) elective.
D) optional.
3. An annuity that guarantees a given number of income payments, whether or not the annuitant is alive to receive them, is referred to as
A) an assured life annuity.
B) an Irrevocable endowed annuity.
C) a life annuity certain.
D) a guaranteed survivor annuity.
4. A policyowner may choose to have his/her life insurance policy dividends do all of the following EXCEPT
A) accumulate without interest.
B) purchase additional insurance protection.
C) be paid to the policyowner in cash.
D) reduce the policy premium.
5. Which of the following is a common exclusion from coverages found in accident and health policies?
A) coordination of benefits
B) self-inflicted injuries
C) emergency room coverages
D) chiropractic services
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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