Texas Life And Health Insurance Exam Questions And Answers (Verified Solutions) 2023

On a life insurance policy, who is qualified to change the beneficiary designation? {Ans: policyowner}Which of the following types of care is typically not covered in a Long-Term Care policy? {Ans: Acupuncture}Deductibles are used in health policies to lower {Ans: overuse of medical services}Which of the following BEST describes how pre-admission certification is used? {Ans: Used to prevent nonessential medical costs}Why must an insurance applicant answer all questions on the application? {Ans: Statements and representations on the application are part of the consideration for issuing a policy}What is the MINIMUM benefit period that must be offered by a Long-Term Care policy? {Ans: 12 months}