Virginia-Life-Annuities-and-Health-Insurance 무료 덤프문제 온라인 액세스

In health insurance, the insuring clause:

• A.Explains how the premium was determined by the insurer
• B.Provides a list of member hospitals
• C.Contains a general definition of the coverage provided
• D.Is part of the application

In individual health insurance, a proof of loss typically should be submitted to the insurer within:

• A.120 days from the date of loss
• B.90 days from the date of loss
• C.60 days from the date of loss
• D.30 days from the date of loss

An accelerated benefit rider in a life insurance policy may provide funds to an insured who:

• A.Elects to receive supplemental retirement income
• B.Is about to have minor surgery
• C.Has a back injury requiring two years of rehabilitation
• D.Is expected to die within six months

All of the following statements about straight whole life insurance policies are true EXCEPT:

• A.Protection ends at the insured's age 65
• B.The face amount is paid when the insured survives to policy maturity
• C.Loan and nonforfeiture values are available to the policyowner
• D.Premiums are payable for as long as the policy remains in force

(Life insurance death proceeds are generally:)

• A.Exempt from federal income tax
• B.Deemed to be a transfer for value
• C.Subject to the interest first rule
• D.Subject to the cost recovery rule