Free Life and Health Annuities Questions and Answers

Question 1

Which section of a health insurance policy specifies the conditions, times, and circumstances under which the insured is NOT covered by the policy?

Accepted Answer

Exclusions

Answer

Coinsurance provisions

Answer

Coverages

Answer

Insuring clause

Question 2

Which of the following statements pertaining to the Medical Information Bureau (MIB) is CORRECT?

Accepted Answer

The MIB provides assistance in the underwriting of life insurance

Answer

The MIB is operated by a national network of hospitals

Answer

Information obtained by the MIB is available to all physicians

Answer

Applicants may request that MIB reports be attached to their policies

Question 3

All of the following conditions are typically covered in a long-term insurance policy EXCEPT

Accepted Answer

alcohol dependency

Answer

Alzheimer's disease

Answer

senile dementia

Answer

Parkinson's disease

Question 4

HMOs are known for stressing

Accepted Answer

preventive medicine and early treatment

Answer

state-sponsored health care plans

Answer

in-hospital care and services

Answer

health care services for government employees

Question 5

Florida's Long-Term Care Partnership Program must provide which of the following coverage?

Accepted Answer

Inflation coverage

Answer

Medical expense coverage

Answer

Disability coverage

Answer

Outpatient hospital treatment