Question 1

Which type of health insurance helps to pay for the cost of care in cases where hospitalization is not required but the individuals are unable to care for themselves?

Options :

A : Medicare

B : Long-term care

C : Major medical

D : Disability income

Answer: B

Question 2

Which is an example of an endodontic service?

Options :

A : Crowns

B : Dentures

C : Root canals

D : Fillings

Answer: C

Question 3

To cancel a health insurance policy, which one of the following must the insured do?

Options :

A : Notify the insurer in writing

B : Replace the current policy with another

C : Challenge at least two uniform mandatory provisions

Answer: A

Question 4

Which is true about ownership of a deferred annuity contract?

Options :

A : All of the participants in a group contract are part-owners

B : Ownership rights are neither transferable nor assignable

C : An owner may be the annuitant or the beneficiary or neither

D : An owner’s rights take effect when the benefit payment phase begins

Answer: C

Question 5

A coordination of benefits provision is included in group health insurance to reduce:

Options :

A : Dependent coverage

B : Overinsurance

C : Probationary periods

D : Waiting periods

Answer: B