Exam 9: Insuring Your Health

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -Physician's expense insurance [would | would not] pay for the cost of a routine office call.

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -Scheduled surgical benefits tend to be [very close to | way below] what most surgeons will charge.

Which of the following is not a desirable feature in a long-term care policy?

College graduates who become ineligible for group health insurance through their parent's employer group policies can generally get COBRA coverage for up to 36 months.

Which of the following changes would tend to increase the premium on a disability policy:

Internal limits are constraints placed on insurance agents stipulating the level of risk for which they can write a policy.

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -People are more likely to buy [life | disability income] insurance.

Disability income benefits under social security are automatically adjusted periodically for cost of living increases.

Brian's gross income is $50,000.The maximum amount of disability income insurance Brian will be able to purchase will probably be

Hospital indemnity policies would make payment for

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -A [growing | shrinking] percentage of Americans do not have health insurance.

Males are more likely to become disabled than women.

An "any occ" definition of disability is more liberal that an "own occ" definition.

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -Health insurance costs have been increasing at a rate greater than the CPI.