Insurance Questions
Explore questions in the Insurance category that you can ask Spark.E!
Life settlement option liquidates ________ and ________ with regard to life contingencies
With a life settlement, the policyowner may sell the policy to ____________ for any reason
Typically how long is the grace period in an insurance policy?
Under this option, __________ is the primary consideration rather than the period of time over which _________
Employers that employ 20 ________ employees for each working day across each of 20 or more calendar weeks in the current year or preceding year use Medicare as a ____________ for claims
The beneficiary of a life insurance policy is ________ designated in the policy to receive ___________
The amount of monthly income selected by the beneficiary, the amount of proceeds, and the interest rate paid by the insurer will all determine
living benefits are typically _____________ from the death benefit or change the benefits altogether
Benefit for benefit, the cost of insuring an individual under a group health plan is ____________ the cost of insurance _______________
When the policyowner (other than the insured) lists themselves as the beneficiary
How many mandatory provisions are required to be in all health insurance contracts?
Depending on the type of policy, a policyowner may be able to use _________ to pay the premium
The number of deaths in a group of people is usually expressed as
Family plan policies usually cover the family head with _______and the coverage on the spouse and children is in the form of a _________
Once an insurance company determines that an applicant is ________, they need to establish the ___________ for the insurance policy
Each state sets a minimum_________ the insurer must set aside to pay ___________________
The consideration is _____________ in the contract, which cements the agreement between the_________
3 factors/elements utilized to determine what an insurer will charge for its life insurance
How many optional health policy provisions are there?
If one pays a premium and receives something in return, such as a dividend or cash value