Free Accident and Health Insurance Basics Practice Questions
Minnesota Accident & Health exam — 76 practice questions.
Subtopics: Morbidity, Insurable interest, Field underwriting, Risk classification, Sources of insurability, Principal sum, Hazard, Rating, A&H line of authority, HIV vaccine trials, Accidental injury, Sickness defined, Disability income benefit, Medical expense benefit, AD&D, Hospital indemnity, Critical illness, Limited policies, Self-inflicted exclusion, War exclusion, Cosmetic exclusion, Workers comp overlap, Sources of information, Substandard risk, Statement of good health, Long-term care expense, Prescription benefit, Accidental means test, Total disability defined, Partial disability defined, Capital sum, Travel accident insurance, Accident-only policy, Blanket health insurance, Franchise health insurance, Medical Information Bureau, Attending Physician Statement, Preferred risk classification, Impairment exclusion rider, Basic hospital expense coverage, Basic surgical expense coverage, Basic physicians expense coverage, Surgical schedule, First-dollar coverage, Classes of policies, Types of losses, Exclusions, Premium receipts, Policy delivery, Disclosure, Underwriting sources, Replacement, Producer liability, Group vs. individual, Employee association
Read the Accident and Health Insurance Basics study guide
Sample questions & answers
1. The expected incidence of sickness and disability within a group is referred to as what?
Morbidity
Morbidity refers to the expected frequency of sickness and disability in a group and is a key factor in pricing health insurance.
2. For health insurance covering oneself insurable interest generally exists because of what?
A person's interest in his or her own health and well-being
A person has an unlimited insurable interest in his or her own life and health, satisfying the insurable interest requirement.
3. When a producer accurately records an applicant's health information on a health application the producer is performing what?
Field underwriting
By accurately recording the applicant's information, the producer performs field underwriting that supports the insurer's risk assessment.
4. Health insurance applicants are placed into risk classes primarily to do what?
Reflect expected morbidity in the premium
Risk classification groups applicants by expected morbidity so that premiums fairly reflect the risk each class presents.
Practice: Accident and Health Insurance Basics
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.
