California Department of Insurance CA Life, Accident and Health or Sickness Examination - CA-Life-Accident-and-Health FREE EXAM DUMPS QUESTIONS & ANSWERS
People commonly purchase an annuity to protect against the risk of
Correct Answer: D
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The group medical plan provision that applies when a claimant has coverage under more than one plan is known as
Correct Answer: D
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All of the following are characteristics of adverse selection EXCEPT
Correct Answer: B
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Regarding the Health Benefit Exchanges, as created by PPACA, all of the following statements are true EXCEPT
Correct Answer: C
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When a family policy covers children, all of the following are true EXCEPT
Correct Answer: C
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The insured is totally and permanently disabled. The insured's policy continues in force without payment of further premiums because the policy contains a
Correct Answer: A
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What happens if an insurer violates the Medical Loss Ratio rule and spends too much money on administrative costs?
Correct Answer: B
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What is the definition of premium?
Correct Answer: D
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Which of the following is NOT a characteristic of a contributory group insurance plan?
Correct Answer: C
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Which health insurance contract provision addresses the problem of over insurance?
Correct Answer: D
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As established by PPACA, an adult child may be covered by a parent's health insurance plan until what age?
Correct Answer: B
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A life insurance policy written after 1988 that fails to meet the seven-pay test is known as
Correct Answer: C
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Insurer policy expenses include all of the following EXCEPT
Correct Answer: A
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