Start Reading the Ok Life Accident and Health or Sickness Producer Free Dumps (Part 1, Q1-Q40) of V8.02 Today to Verify the Quality

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Start reading our Ok Life Accident and Health or Sickness Producer free dumps (Part 1, Q1-Q40) of V8.02 below:

1. Insurance companies are required to protect all nonpublic personal information of their customers and adequately explain their information-sharing practices.

Which act requires these security measures?

2. Brenda signed up for a million-dollar term policy. During the medical questionnaire, she deliberately chose not to disclose that in the past she was treated for high blood pressure.

If found out, how will this affect her pending application?

3. Which of the following policies pays out a lump sum in the event of diagnosis?

4. Jack enters his local life insurance agent's office to purchase a life insurance policy. He's worried that his family won't be able to cover necessary expenses should anything happen to him. Throughout the application process, Jack slurs his words and smells of whiskey.

What should the agent do?

5. Gabriella just lost her husband a few weeks ago and was informed that she is eligible for a Social Security Lump Sum Death Payment.

How much money can she expect to receive?

6. Jeff wants to sign up for a whole life policy, but he works the night shift, so he isn't available to meet during business hours.

How should Jeff proceed?

7. Brad's age was entered incorrectly on his life insurance application and was not discovered until nearly 40 years later, after he died.

What will happen to the payout of the policy?

8. Which of the following life insurance death benefit settlement options would provide regularly scheduled payments until the beneficiary passed away?

9. Which life insurance product is a permanent life insurance plan that guarantees a set death benefit and premiums that do not change for the life of the policy?

10. Each of the following is a benefit for new members joining a group health insurance policy except:

11. Which policy provision allows the insurance company to automatically use funds from the policy cash value to pay unpaid life insurance premiums?

12. Bill purchased his home last month and has already begun to receive mail solicitations regarding life insurance with a death benefit tied to the balance of his mortgage loan.

What type of life insurance policy are these companies advertising?

13. Which policy provision stipulates the premium charges to be made in exchange for the guarantee of coverage by the insurance company?

14. When multiple disability insurance companies are handling the same claim and have agreed to split the responsibility to avoid exceeding the total loss sustained, which process begins?

15. Jim owns a return of premium policy. Due to losing his job, he cannot complete the last five years of his policy and terminates the life insurance plan.

What will happen to the cash value within his policy?

16. Debra recently purchased a life insurance policy and soon after regretted the decision.

Which policy provision would assist her in getting a refund of her premium payment?

17. Bill just joined ABC Paper Company as a clerk. His HR representative provided him with a benefits package including $25,000 of life insurance paid by his employer.

This group life insurance policy is which of the following?

18. Which of the following terms is NOT used to help determine allowable amounts of payment for medical services by insurance companies?

19. Betty took out a life insurance policy four years ago and now wishes she had taken out twice as much life insurance. She demands her agent double her coverage immediately and charge her twice the premium. The insurance company declines to do so.

Which part of the life insurance policy would the life insurance company reference in their response?

20. John is 3 years into a 20-year level term life policy, and his health has declined significantly since the policy's inception. He'd prefer a permanent whole-life policy now instead of his current term.

What special feature of term life insurance would allow him to make such a change?

21. Ross was terminated from his job and is concerned he will no longer have health insurance coverage. His HR rep states that Ross can continue his insurance temporarily by paying the portion of premium that his employer paid up until this point.

Which act of Congress provided this option?

22. Indexed life insurance policies pay interest based on the performance of which of the following?

23. Madeline and Jacques have a single life insurance policy that pays no matter which one of them passes away first. This type of policy is known as which of the following?

24. Which of the following is NOT an element of a contract?

25. Health Savings Accounts (HSAs) are most commonly associated with which of the following?

26. Bob reached his $5,000 health insurance deductible, and his doctor informed him that he will now be responsible for 20% of any future medical costs.

Which term best describes Bob's portion of his medical bills going forward?

27. Dave, 24, is a healthy and athletic young man. Upon applying for life insurance, his premium suggestion comes back much higher than expected.

What does Dave likely do for a living?

28. Scott purchased an individual disability insurance policy which states that the premium will continue to increase every year. This is an example of which type of disability policy?

29. Henry is meeting with his advisor about future social security benefits. Henry would like to know what age he must be before he can receive full social security benefits.

What is the correct age?

30. Percy contracted HIV a few years ago. While he is otherwise healthy, he is concerned that he won't be able to qualify for life insurance.

Which of the following best describes such an eligibility status?

31. In most states an individual may have to "spend down" assets to qualify for Medicaid. In some states, individuals may use long-term care insurance payouts to avoid spending down.

This program is known as which of the following?

32. Bradley's 10-year level term life insurance policy was started 10 years ago and is about to expire. He is told that the following year his policy will enter an annually renewable term.

What will happen to his policy?

33. Sally carries a whole life insurance plan with $5,000 in cash value. She vacationed in Europe and forgot to pay her policy premium before she left. As a result, her life insurance policy lapsed. She's concerned that she'll lose the cash value she's earned, but her agent tells her that she has a non-forfeiture clause on the policy.

According to that clause, what will happen to her money?

34. Which Medicare part is also known as Medicare Advantage?

35. For a life insurance death benefit to be paid out in full, within what time limit following death must the claim be filed?

36. Which of the following circumstances could trigger a request for autopsy?

37. Medicare Part A covers the first 60 days of a hospital stay and pays for all costs except for what amount?

38. Bill would like to reinstate his policy with ABC life insurance company, but his most recent payment fell outside the grace period allotted. Bill's agent tells him to submit a questionnaire in order to reactivate the policy.

What is the purpose of this questionnaire?

39. Which of the following is NOT an eligible expense for long-term care insurance payments?

40. In the case of a universal life insurance policy, which rider can be purchased to help cover the cost in the event of disablement?


 

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