Special Assignment (1, 2 or both) or CAT1. Princ. of Risk and Insurance' (May-Aug. 2018)
Email address *
Pascal was just diagnosed with an inoperable brain tumor. According to his doctor, Tom has less than three months to live. A life insurance premium notice just arrived. Tom purchased this whole life policy over 40 years ago. Pascal does not want to pay the premium. Which nonforfeiture option should Tom exercise? *
5 points
Teddy’s health insurance lapsed because he didn’t pay the premium on time. Teddy wants the coverage back in force. Which policy provision explains the requirements he must satisfy to place the coverage back in force?
5 points
One provision of the Health Insurance Portability and Accountability Act requires that when employees change jobs, the new employer must give credit for previous and continuous health insurance coverage. This provision is called:
5 points
Agnis, age 62, purchased an immediate annuity. The annuity will provide monthly payments to Agnis for as long as she lives. If Agnis dies before receiving payments for 10 years, the balance of these payments will go to a beneficiary. Agnis purchased a(n)
5 points
Prior to passage of the workers compensation laws, employers could avoid liability to employees injured on the job by invoking common law defenses. Under one such defense, the employer asserted that because the employee helped to bring about the injury, the employer was not responsible. This common law defense is:
5 points
All of the following are advantages of state regulation of insurance EXCEPT:
State regulation of insurance shows that, what may be legal in one state may be illegal in a neighboring state.
5 points
A copy of your responses will be emailed to the address you provided.
Submit
reCAPTCHA
This content is neither created nor endorsed by Google. - Terms of Service