Free Insurance Licensing InsNV_Health02 Exam Dumps Questions & Answers

Which of the following statements is CORRECT about Medicare?

• A.  It is a medical assistance program.
• B.  Its Part A provides payment for physicians ' bills.
• C.  It is a hospital and medical expense insurance program.
• D.  It provides benefits to totally disabled persons only.

In order for a health insurance producer to be an Exchange Enrollment Facilitator (EEF), the producer:

• A.  can receive both commission and compensation as a facilitator
• B.  must surrender the producer ' s license and apply for an Exchange Enrollment Facilitator license
• C.  can receive commissions from the company in addition to the compensation as a facilitator
• D.  can offer advice to consumers resulting in the " steering " of the selection of coverage

For an individual health insurance policy, which document is generally part of the entire contract when a copy is attached to or endorsed on the policy?

• A.  An advertisement used during the sale
• B.  A verbal statement made by the applicant
• C.  A producer's personal notes
• D.  The application

Under the Guaranteed Renewable provision in a policy issued to a group of persons having a common occupation, an insurance company may NOT terminate coverage on a group member if the member:

• A.  becomes disabled
• B.  reaches the age specified in the policy
• C.  ceases to fall within the eligible classification
• D.  ceases to be actively employed

J and K are married and have several children. J is the primary beneficiary on K ' s Accidental Death and Dismemberment (AD & D) policy, and K ' s sibling, L, is the contingent beneficiary. J, K, and L are involved in a train accident, and K and L are killed instantly. The Accidental Death benefits will be paid to:

• A.  J only
• B.  K ' s estate
• C.  J and K ' s estate
• D.  L ' s estate