Free Accident and Health Insurance Basics Practice Questions
Nevada Accident & Health exam — 74 practice questions.
Subtopics: Morbidity, Principal sum, Capital sum, Moral hazard, Physical hazard, Adverse selection, Field underwriting, Consideration, 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, 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, Risk classification, Replacement, Producer liability, Group vs. individual, Employee association
Read the Accident and Health Insurance Basics study guide
Sample questions & answers
1. The expected frequency of sickness and injury within a given group, used in pricing health insurance, is called:
Morbidity
Morbidity measures the incidence of sickness and injury in a group, and is a key factor in pricing health coverage.
2. Under an accidental death and dismemberment provision, the full benefit paid for accidental death is the:
Principal sum
The principal sum is the full benefit paid under an AD&D provision for accidental death.
3. Under AD&D coverage, the amount paid for the accidental loss of a body part such as one hand or one eye is the:
Capital sum
The capital sum is a stated amount, often a percentage of the principal sum, paid for the accidental loss of a specified body part.
4. An applicant with a documented history of insurance fraud presents what type of hazard?
Moral hazard
A moral hazard arises from a person's character or habits, such as a history of dishonesty or fraud, that increases the chance of loss.
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.
