Review

Roger writes his company and notifies them that he has become disabled. What provision states that claims must be paid immediately upon written proof of loss?

Under the mandatory uniform provision Notice of Claim, the first notice of injury or sickness covered under an accident and health policy must contain

Which of the following is NOT true regarding uniform mandatory provisions concerning claims?

Which renewability provisions are you most likely to see on a travel accident policy?

Ray has an individual major medical policy that requires a coinsurance payment. Ray very rarely visits his physician and would prefer to pay the lowest premiun possible. Which coinsurance arrangement would be best for Ray?

The provision that provides for the sharing of expenses between the insured and the insurance company is

The premium charged for exercising the Guaranteed Insurability Rider is based upon

What is NOT a feature fo a noncanelable policy?

The provisions which prevents the insured from bringing any legal action against the company for at least 60 days after proof of loss in known as

In a group health policy, a probationary period is intened for people

A medical expense policy that established the amount of benefit paid based upon the prevailing charges which fall within the standard range of fees normally charged for a specific procedure by a doctor of similar training and experience in that geongraphic area is known as

Jack was treated for hypertension prior to applying for a major medical policy. If Jack incures expenses related to hyertension, the insurer will likely exclude coverate because the hypertension represents a/an

What is NOT an exclusion in medical expense insurance policies?

You have a Major Medical policy that calls for a $1,000 deductible and 80/20 participation. If you incur covered medical expenses of $5,000, you would have to pay

A guaranteed renewable health insurance policy allows the

Which of the following entities has the authority to make changes to an insurance policy?