Term
222. Will's insurance policy will pay his expenses for hospitalization, surgeries, and doctors' care. Which type of health insurance coverage is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Accidental injury
B. Basic medical benefits
C. Long-term care
D. Major medical |
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Definition
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Term
223. Jim has term life insurance that is soon to expire; however, the policy allows him to continue the policy without getting a physical exam. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Convertible
B. Convertible
C. Convertible
D. Renewable |
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Definition
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Term
224. Barry has been out of work for months because he has crippling arthritis. He receives monthly income from his insurance policy. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Accidental injury
B. Basic medical benefits
C. Disability
D. Major medical |
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Definition
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Term
225. Mark has term life insurance that is about to expire; his policy allows him to modify the policy to make it permanent without taking a physical exam. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Convertible
B. Decreasing
C. Level
D. Renewable |
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Definition
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Term
226. Juan is willing to pay the premiums to have life insurance during his entire lifetime. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Investment
B. Level
C. Permanent
D. Renewable |
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Definition
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Term
227. Trish plans to pay life insurance premiums for only a few years but have coverage for her full life. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Limited-payment life
B. Universal life
C. Variable life
D. Whole life |
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Definition
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Term
228. Tim has life insurance that allows him to change the amount he pays and the amount of the death benefit. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Limited-payment life
B. Universal life
C. Variable life
D. Whole life |
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Definition
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Term
229. Nate has insurance that covered part of the costs of his stay in a rehabilitation center. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Dental
B. Long-term care
C. Medical benefits
D. Vision |
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Definition
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Term
230. Leon bought life insurance that allows him to borrow against it when he needs money for emergency expenses that. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Convertible term
B. Level term
C. Renewable term
D. Whole-life |
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Definition
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Term
231. Pat has insurance that covers most of the costs of his cancer treatments over a period of several months. Which type of insurance is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Dental
B. Disability
C. Major medical
D. Vision |
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Definition
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Term
232. When Ben selects health insurance for his employees, he wants the policy to include a feature that the policyholder and insurer will each pay a portion of the cost of the medical bills. Which insurance policy feature is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Adjustable
B. Deductible
C. Guaranteed
D. Right to transfer |
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Definition
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Term
233. Janet can choose her doctors, pay for the services during her visit and then file insurance for reimbursement. Which insurance plan is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Fee-for-service plan
B. Health benefits
C. Point-of-service
D. Preferred provider |
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Definition
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Term
234. Since Janet was being treated for diabetes when she purchased health insurance, her health plan will not pay for her diabetes treatments. Which insurance policy feature is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Open enrollment period
B. Preauthorization
C. Pre-existing condition
D. Primary care |
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Definition
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Term
235. Max received an annual statement that says the whole life policy he owned for ten years is now worth $1000. Which insurance policy feature is this? (NCCTE.9_12.SH.BF05.PF7.01)
A. Cash value
B. Dividends
C. Face value
D. Premiums |
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Definition
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