Free Individual Accident and Health Provisions Practice Questions
Kentucky Life, Accident & Health exam — 82 practice questions.
Subtopics: Insuring clause, Consideration clause, Noncancelable, Cancelable, Notice of claim, Claim forms, Time of payment of claims, Change of occupation, Unpaid premium, Relation of earnings to insurance, Time limit on certain defenses, Pre-existing conditions, Grace period, Nonrenewal notice, Reinstatement, Reinstatement coverage, Proof of loss, Payment of claims, Legal actions, Free look, Free look exception, Entire contract, Change of beneficiary, Optional provisions, Required provisions, Physical exam and autopsy, Guaranteed renewable, Optionally renewable, Conditionally renewable, Pre-existing condition, Free-look provision, Misstatement of age, Intoxicants and narcotics, Coordination of benefits, Renewal provision, Substitute wording, Exclusions, Renewability, Probationary period
Read the Individual Accident and Health Provisions study guide
Sample questions & answers
1. The insuring clause of an individual health policy:
States the insurer's basic promise to pay for covered losses
The insuring clause sets out the insurer's basic agreement to provide the benefits described in the policy.
2. The consideration clause in an insurance contract identifies:
The premium payment and the statements that form the basis of the contract
The consideration clause describes what each party gives, namely the applicant's premium and statements and the insurer's promise.
3. A health policy classified as noncancelable means the insurer:
Cannot cancel or raise the premium before a stated age as long as premiums are paid
A noncancelable policy guarantees both renewal and a fixed premium to a stated age as long as premiums are paid, the most favorable renewal provision for the insured.
4. A health policy that is cancelable allows the insurer to:
Terminate the policy with the proper notice the contract requires
A cancelable policy lets the insurer terminate coverage with required notice, returning any unearned premium.
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Practice: Individual Accident and Health Provisions
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.
