Insurance Paper 25

1

A statement that assures benefits provided under the old policy will continue under the new policy is






2

Restrictions applying to the replacement of Medicare supplement policies






3

Ally pays for her health insurance monthly. Her identical twin Georgia has the same policy, but pays annually. Which of them probably pays more for the policy?






4

Health insurance coverage never applies until






5

The grace period varies according to






6

Mike allows his policy to lapse and then applies for reinstatement using the company’s required application. The company does not inform Mike either that the policy has been accepted or that the policy is being rejected. At what point can Mike consider the policy reinstated?






7

The maximum time during which suit can be filed is






8

Which of the following is not a required provision under the Uniform Provisions Model Act?






9

Which of the following is an optional provision under the Uniform Provisions Model Act?






10

Cindy has a claim for $2,000, and a past due premium of $200. The insurer will






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