Free Disability Income Insurance Practice Questions
Alaska Life, Accident & Health exam — 36 practice questions.
Subtopics: Relation of earnings, Notice of continuance, Disability benefits, Purpose, Elimination period, Benefit period, Definition of disability, Residual disability, Probationary period, Presumptive disability, Recurrent disability, Any occupation, Business overhead expense, Disability buy-out, Cost of living adjustment, Social insurance supplement, Nonoccupational coverage, Waiver of premium, Future increase option, Disability benefit, Benefit amount, Total disability, Partial disability, Group disability, Social Security disability, Key employee DI, Occupational coverage
Read the Disability Income Insurance study guide
Sample questions & answers
1. Under Alaska's relation of earnings to insurance provision, benefit reductions may not reduce total monthly loss-of-time benefits below the lesser of the total specified monthly benefits or:
$200
The provision may not reduce total monthly benefits under all coverage below $200 or the sum of the specified monthly benefits, whichever is less.
2. Under an Alaska disability policy with loss-of-time benefits payable for two years or more, the insurer may require the insured to give notice of continuance of disability at least once every:
Six months
For loss-of-time benefits payable for at least two years, the policy may require notice of continuance of the disability at least once every six months.
3. Under Alaska's definition, a disability income policy pays:
Periodic income payments when income is interrupted by disability
Disability insurance provides periodic income payments when income is interrupted or terminated because of disability.
4. Disability income insurance is designed to replace:
A portion of earned income lost when disability prevents work
Disability income pays periodic benefits to replace part of the earnings lost during a covered disability.
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Practice: Disability Income Insurance
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
