ACCIDENT AND HEALTH INSURANCE AGENT EXAM. QUESTIONS WITH 100% VERIFIED ANSWERS.

Accident and Health Insurance
Agent/Broker Practice Exam

1. Sally is considering her Medicare options. She understands that to enroll in Medicare
   Part B, she will have to pay a monthly premium. Since she is healthy, she is considering
   delaying her enrollment until later. Will she be able to enroll at a later date?
   A. Yes, she can enroll at anytime in the future
   B. Yes, however; she would have a permanent premium penalty when she does enroll
   C. No, this is a take or leave it situation
   D. Yes, but she would have to show evidence of good health.
   Yes, however; she would have a permanent premium penalty when she does enroll
2. Under Medicare Part A, a spell of illness begins again and is subject to a new
   deductible for another admission when:
3. The patient has been discharged from a prior stay and 45 days have elapsed
4. The patient has been discharged from a prior stay and 30 days have elapsed
5. The patient has been discharged from a prior stay and 60 days have elapsed
6. The patient has been discharged from a prior stay and 90 days have elapsed
7. What type of insurer retains risk?
8. Government insurance.
9. Reinsurers.
10. Self -insurers.
11. Assessment insurers.
12. A variety of types of care are provided under a long-term care policy. All of the
    following are types of care generally provided EXCEPT:
13. Home health care
14. Intensive care
15. Custodial care
16. Skilled care
17. Melvin has a long-term care policy with a 30-day elimination period. The policy has a
    daily benefit of $100/day. The policy has a 3-year benefit period. If Melvin is confined to
    a nursing home for 9 months, how much in benefits will his policy pay?
18. $27,000
19. $18,000
20. $24,000
21. $17,000
22. Martin and his friends were at a local tavern celebrating his birthday. Martin left the
    bar to drive home, but unfortunately, he was involved in a fatal accident, killing himself
    and two other individuals. An autopsy reveals that Martin was well above the legal limit
    on his blood alcohol test. Martin’s family will receive the following from his Accidental
    Death and Dismemberment policy:
23. His family will receive reduced benefits since other deaths were involved.
24. His family will receive the principal sum since this was death
25. His family will receive no benefits, since he was in the act of committing a felony
26. His family will receive no benefits since there was no dismemberment involved.
27. An exclusion that always appears in a health policy is:
28. No coverage for drug or alcohol related illness
29. Hernia from an accident
30. Travel outside of the USA
31. Injury in the act of committing a felony
32. Bruce owns a plan that pays $100 daily benefit for a hospital stay with no deductible.
    This kind of policy is known as a (an):
33. Major medical plan
34. Basic plan
35. Indemnity plan
36. Reimbursement plan
37. Under what conditions is the death benefit (principal sum) payable under an
    Accidental Death and Dismemberment (AD&D) policy?
38. The insured dies from a grave illness
39. The insured dies from natural causes
40. The insured dies from an accident
41. All of the above
42. An insurance agent told a member of his church who had recently experienced
    several personal and financial losses that he could see that she got a more favorable
    rate on her insurance policies than her health and general circumstances would
    warrant. The woman had been his kindergarten teacher and was a pillar in the
    community’s life. He wanted to help her. Which of the following is FALSE?
43. The agent was breaking the law.
44. The agent is compassionate.
45. The agent was engaging in unfair discrimination.
46. The agent was engaging in twisting.