General Lines - Life, Accident And Health Insurance Practice Exam Review Exam With 100% Correct Answers.

5) If a material misstatement was made regarding a subscriber's health on an enrollment application, the HMO may adjust the premium so long as the contract holder is given ____ days' prior written notice. {Ans: A- 20 B- 30 C- 31 D- 10}21) All of the following are true regarding a Disability income policy sold with an 'accidental means' clause EXCEPT: {Ans: A- It is also known as the 'accidental bodily' injury or 'results' clause B- There is no coverage unless the injury was sudden and unforeseen C- It is not permitted to be used in this state D- It is very restrictive}7) Which of the following is true about the Texas Life, Accident, Health and Hospital Service Insurance Guaranty Association: {Ans: A- Coverage is unlimited B- Agents may use it's presence as an inducement to the sale C- All insurers must participate D- It protects the customers of insolvent insurance companies}31) How long does an agent whose license has been revoked have to wait before they can reapply for a new license: {Ans: A- 2 years B- 3 years C- 1 year D- 5 years}3) The coverage provided by a Disability Income policy that does