Test your basic knowledge |

Life And Health Insurance Exam

Subject : certifications
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986


2. Assignment (Health)






3. Insolvent organization






4. Presumptive Disability






5. Authorized (Admitted) Insurer






6. Legal Reserve


7. Rider






8. Warranty






9. Terminally Ill






10. Accidental Death Benefits






11. Nonauthorized (Nonadmitted)






12. Agent






13. Reciprocity


14. Standard Risk






15. Rebating






16. Rescission






17. Morbidity Table






18. Coverage






19. Risk






20. Settlement Options






21. Earned Premium






22. Acquired Immunodeficiency Syndrome (AIDS)






23. Proof of Loss






24. Pure Protection






25. Accumulation Period






26. Sickness






27. Insurer






28. Deductible






29. Free Look






30. Permanent Life Insurance






31. Decreasing Term






32. Nonforfeiture Values






33. Beneficiary






34. Lump Sum






35. Multiple-Employer Trust (MET)






36. Primary Beneficiary






37. Certificate of Authority






38. Health Savings Accounts (HSAs)






39. Activities of Daily Living (ADLs)






40. Applicant






41. Waiver of Cost






42. Risk - Standard






43. Gatekeeper Model


44. Defamation


45. Enrollment Period






46. Implied Authority






47. Tertiary Beneficiary






48. Risk - Speculative






49. Reinsurance






50. Health Insurance