Free Accident and Health Insurance Basics Practice Questions
Oklahoma Accident & Health exam — 83 practice questions.
Subtopics: Material misrepresentation, The insured, Policyowner, Underwriting, Pre-existing condition, Accident defined, Sickness defined, Representations, Employer as beneficiary, Application copy, Application changes, Misstatements, Waiver, Limited benefit insurance, Accident and health defined, Genetic information, Accidental injury, Disability income benefit, Medical expense benefit, AD&D, Hospital indemnity, Critical illness, Limited policies, Self-inflicted exclusion, War exclusion, Cosmetic exclusion, Workers comp overlap, Field underwriting, Sources of information, Substandard risk, Statement of good health, Long-term care expense, Prescription benefit, Accidental means test, Total disability defined, Partial disability defined, Principal sum, 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, Risk classification, Replacement, Producer liability, Group vs. individual, Employee association
Read the Accident and Health Insurance Basics study guide
Sample questions & answers
1. In accident and health insurance, a false statement on the application that affects the insurer's acceptance of the risk is a(n):
Material misrepresentation
Under 36 O.S. 4407(C) a false application statement bars recovery only if it materially affected the acceptance of the risk or the hazard assumed; such a statement is a material misrepresentation.
2. The party whose health is insured under an accident and health policy is the:
Insured
The insured is the person whose health and risk of loss are covered by the policy.
3. The person who pays the premium and owns an individual health insurance contract is the:
Policyowner
The policyowner holds the rights under the contract and is typically responsible for the premium.
4. The purpose of underwriting in accident and health insurance is to:
Evaluate and classify the applicant's risk to set proper coverage and premium
Underwriting evaluates the applicant's health risk to determine insurability and the appropriate premium.
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.
