Question 1

The initial enrollment period for Medicare Part B ends how many months after the 65th birthday month?

Options :

A : One month.

B : Three months.

C : Five months.

D : Seven months.

Answer: D

Question 2

Every individual annuity policy that is sold to a senior in the State of California MUST include which of the following free look information?

Options :

A : The insured forfeits any premiums paid if cancelled.

B : The policy has a 30-day return for cancellation feature.

C : The insurer has the right to cancel if less than 30 days.

D :

Answer: B

Question 3

To help keep premiums more affordable, which provision is included in a disability income policy?

Options :

A : Residual benefits.

B : Elimination period.

C : Cost of living rider.

D : Automatic increase provision.

Answer: B

Question 4

A Hospital Confinement Indemnity insurance policy pays

Options :

A : the amount of the actual hospital expenses.

B : 100% of the covered medical expenses less the deductible and coinsurance percentage.

C : an indemnity to the insured for all expenses incurred when the insured is confined in a hospital.

D : the daily benefit dollar amount stated in the policy for each day the insured is confined ina hospital.

Answer: D

Question 5

Medicare Part B pays for

Options :

A : hospice care.

B : prescription drugs.

C : physicians' services.

D : the first 60 days of hospitalization.

Answer: C