Ok-Life-Accident-and-Health-or-Sickness-Producer 무료 덤프문제 온라인 액세스

When can an insurer cancel a Medicare supplement plan?

• A.At any time.
• B.At the enrollment period.
• C.After nonpayment.
• D.On a date specified in the policy.

An alien insurer is which one of the following?

• A.One formed under the laws of Oklahoma.
• B.One formed under the laws of a state geographically bordering Oklahoma.
• C.One formed under the laws of a state other than Oklahoma.
• D.One formed under the laws of a country other than the United States of America.

A group major medical policy is written with a $1,000 deductible, 80/20 coinsurance, and an out-of-pocket maximum of $3,000. The insured goes into the hospital for a covered procedure. The total cost of the procedure is $5,000. How much does the insured have to pay towards the $5,000 total?

• A.$5,000
• B.$3,000
• C.$1,000
• D.$1,800

Term life insurance is more appropriate than whole life insurance when the

• A.insured needs low cost permanent life insurance protection.
• B.policyowner desires an accumulation of cash values.
• C.policyowner wants to borrow against the life insurance policy values.
• D.maximum protection is needed, but the insured cannot afford premium payments for permanent insurance.

When you purchase an annuity, you are purchasing a

• A.guaranteed income.
• B.disability insurance policy.
• C.universal life policy.
• D.whole life policy.