Overview of Disability Insurance FINAL EXAM (NE 37989)

Which of the following is NOT another name for disability insurance?

Who receives benefits from individual policies?

Which of the following is most true of uniform provisions?

A change in occupation from a less hazardous occupation to a more hazardous occupation would have what effect on the insured’s disability insurance?

If the insured receives payment for a claim while they have an unpaid premium, which if the following happens under the unpaid premium provision?

Which of the following answers accurately describes franchise policies?

Which of the following is not typically important information when underwriting individual disability insurance policies?

Which of the following is true of the scope of disability policies?

Which of the following would be most important for an accurate application for loss-of-time coverage?

Which of the following answers is a definition of partial disability?

Over which of the following aspects of disability insurance does the Insurance Commissioner have direct control?

Which type of insurance policy covers the liability of an insured person for injuries to another person?

Which government official is responsible for setting the regulations for disability insurance policies?

What is the significance of uniform provisions in disability insurance policies?

What is the role of duplicating coverage with other insurers in disability insurance?

What does “hospital indemnity” coverage in disability insurance typically provide?

For what purposes might disability insurance be used in a business or investment context?

How does “Basic Medical-Surgical Expense Coverage” differ from “Basic Hospital Expense Coverage”?

Which of the following is not an example of a classification of disability coverages as determined by insurance regulations?

What is the main purpose of “Disability Income Protection Coverage”?

Which of the following is an example of a nonoccupational disability policy?

What is the purpose of the residual disability benefit in disability insurance?

What is the purpose of coordination of benefits in disability insurance?

What is the purpose of the preexisting conditions provision in disability insurance?

Who sets the regulations for the Outlines of Coverage?