Fl 0215 Health And Life Ins Study Guide Graded A+

Insurance companies that are organized outside the United States are referred to as {Ans: alien}The health insurance program which is administered by each state and funded by both the federal and state governments is called: {Ans: Medicaid}An agent who makes misleading statements that lead to the termination of an existing insurance policy so that a new policy with another insurer can be taken out has committed {Ans: twisting}Term insurance has which of the following characteristics? {Ans: Expires at the end of the policy period}A physician opens up a new practice and qualifies for a $7,000/month Disability Income policy. What rider would the physician add if he wants the ability to increase his policy benefit as his practice and income grow? {Ans: Guaranteed Insurability Option rider}J was reviewing her Health Insurance policy and noticed the phrase "This policy will only pay for a semi-private room". This phrase is considered to be a(n) {Ans: internal limit}