Which of the following is a correct statement about the premium payment modes? The total premium
paid by a life policyowner for one policy year is: -
✔✔
greater if the premium is paid semiannually rather
than annually
What is the limit of liability on a life insurance policy? -
✔✔
the face amount of the policy
Traditional comprehensive major medical plans include all of the following EXCEPT -
✔✔
first-dollar
coverage
Under a disability income insurance policy with an own occupation clause, an individual who no longer
perform the tasks of the job held at the time of injury is considered -
✔✔
totally disabled
Part-time nursing care that follows a hospitalization and can be provided in a patient's home is covered
under -
✔✔
home health care benefits
What type of insurance can be purchased at airports, bus terminals, and railroad stations? -
✔✔
travel
accident insurance
During the solicitation of a long term care insurance rider, a life agent must consider all of the following
EXCEPT the applicant's -
✔✔
attending physician statement
Vision care insurance usually covers all of the following EXCEPT -
✔✔
eye surgery
All of the following are optional group medical coverages EXCEPT -
✔✔
meternity
What is the cost of service from the Health Insurance Counseling Advocacy Program (HICAP)? -
✔✔
No
charge
All of the following may opt for a self insured medical and disability plan EXCEPT -
✔✔
individuals
Which statement about Medicare is NOT correct? -
✔✔
Medicare Part C covers long-term care.