Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Answers

J has a physical impairment, attends school, and is incapable of self-sustaining employment and/ or self care. Which of the following statements is CORRECT about J's medical coverage under J's father's group plan? A. J's coverage ceases, but J may apply for group student coverage. B. J's coverage automatically discontinues at age twenty-six. C. J's coverage continues only as long as J is a full-time student. D. J's coverage continues as long as J is continually incapacitated and is financially dependent on J's father. {Ans: D}Which of the following statements is NOT correct about representations? A. They can be a part of the contract. B. They are true in every respect. C. They are assumed to be accurate. D. They influence the insurer's acceptance of the risk. {Ans: B}An applicant for insurance submits an application to an insurer for underwriting but does not forward any premium payment with the application. Legally, the applicant is making: A. an inquiry for an offer B. an offer C. a counteroffer D. an acceptance {Ans: A}Under a Guaranteed Renewable Accident & Health policy, an insurer retains the right to: A. increase the premium rate for one insured without increasing the rate