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By:
Jason George
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Decks in this class (44)
Chapter 1: Insurance Overview
What are the three principles of ...,
____ _____ spreads risk by sharin...,
________ are people who collect a...
82
cards
Chapter 7: Taxation on Life Insurance
Torf premiums for personal life i...,
What do you call the amount of ea...,
Torf dividends paid out are consi...
68
cards
Chapter 4: Life Insurance and Whole Life
Three main types of life insurance,
Term whole universal variable and...,
_______ life emcompasses home ser...
63
cards
Chapter 2: Legal Concepts and Contracts
What is a contract,
The purpose of an insurance polic...,
What is another name for premium
35
cards
Chapter 6: Annuities
What provides lifelong income tha...,
Three components of how annuities...,
The amount of each annuity paymen...
71
cards
Chapter 2: Underwriting
What are the three components of ...,
Insurance companies use the under...,
Two big questions underwriters se...
49
cards
Chapter 5: Dividends and Riders
What dividend option uses the div...,
What nonforfeiture option allows ...,
Which of the following nonforfeit...
46
cards
Chapter 3: Life Basics and Policies
Three categories of insurable int...,
Only ________ ______ insurance po...,
A life insurance policy that buil...
79
cards
Chapter 2: Field Underwriting, Application, Premiums, Receipts
Who performs the field underwriting,
What is the purpose of field unde...,
Upon policy delivery agents must ...
45
cards
Chapter 3: Life Premiums, Group Life, and Retirement
Three factors affecting life insu...,
Age sex health occupation hobbies...,
Other factors affecting premiums
107
cards
Chapter 4: Special and Flexible Use Policies
An ______ policy will pay the fac...,
Tf premiums for endowment policie...,
Tf cash value in an endowment mus...
65
cards
Chapter 4: Variable Products
________ _______ provides a way f...,
With variable life insurance the ...,
Tf for variable life the insurer ...
28
cards
Chapter 5: Provisions, Options, Riders and Exclusions
Tf only the policyowner has the r...,
_______ are the characteristics p...,
____ involve how policy funds are...
126
cards
Chapter 5: Beneficiaries and Settlement
Tf beneficiariesthe policyowner m...,
Tf the beneficiary must have an i...,
Tf if the beneficiary is found gu...
77
cards
Chapter 5: Options and Riders
_________ ___________ are guarant...,
Insurers are required to provide ...,
What are the 3 nonforfeiture options
79
cards
Chapter 8: Health Insurance General
Tf while life insurance covers th...,
Health insurance is intended to i...,
Tf each state uses different term...
51
cards
Chapter 8: Health Insurance Classes, Providers, and Programs
Health insurance provided by the ...,
The federal goverment administers...,
______ insurance provides special...
44
cards
Chapter 8: Health Plans
Employer administered plans in __...,
The self funded plan can be suppl...,
Employer administered plans in __...
40
cards
Chapter 9: Health Insurance Mandatory Provisions
The naic model provisions provide...,
Tf if insurers word the provision...,
There are ____ mandatory provisio...
33
cards
Chapter 9: Optional Provisions
Optional provisions also called _...,
Optional provision 1 change of oc...,
Optional provision
28
cards
Chapter 9: Other Provisions and Clauses
The ____ _____ is the insurer s p...,
Tf insuring clauses typically con...,
The _____ ______ describes the pr...
43
cards
Chapter 9: Health Policy Exclusions, Restrictions, Riders and Prohibited Provisions
Tf occupational coverage provides...,
Tf nonoccupational coverage is co...,
Tf the consumption of alcohol or ...
40
cards
Chapter 10: Disability Income Insurance
The purpose of ______ ________ in...,
Tf disability income insurance co...,
Four characteristics of disabilit...
31
cards
Chapter 10: Accident and Sickness Definitions
Two definitions to define an acci...,
_____ ______ the reason for the a...,
Tf the accidental means definitio...
48
cards
Chapter 10: Riders
If the insured becomes disabled t...,
Tf for waiver of premium riders a...,
The waiver of premium rider usual...
40
cards
Chapter 10: Disability Income Benefits
For group disability plans the re...,
Tf group policies do not usually ...,
Short term disability income poli...
42
cards
Chapter 11: Medical Expense Insurance
____ _____ ____ are all the healt...,
Tf where disability income polici...,
Tf medical expense policies may s...
37
cards
Chapter 11: Major Medical
_____ _____ policies were introdu...,
Tf compared to the basic plans ma...,
Tf essentially after the insured ...
37
cards
Chapter 11: Managed Care
Traditional health insurances cov...,
At the end of the treatment the i...,
The purpose of ____ ____ is simpl...
73
cards
Chapter 11: Special Savings
_____ _____ _____ are a combinati...,
Two types of hsa deductibles,
What is a hsa embedded deductible
52
cards
Chapter 12: Group Health Insurance
Group insurance provides insuranc...,
Tf each members insured under the...,
Tf more people are covered by a g...
50
cards
Chapter 12: Employer Group - Important Factors
Tf most health insurance coverage...,
Group insurance _______ evaluate ...,
Group insurance is typically ____...
52
cards
Chapter 12: Government Regulations
The _____ ____ ____ and ____ ____...,
Hipaa also established privacy st...,
An individual who moves from one ...
49
cards
Chapter 12: Obamacare - Patient Protection and Affordable Care Act
The ____ ____ and ____ ____ _____...,
Tf some highlights of the ppaca i...,
Tf the ppaca allows dependent chi...
46
cards
Chapter 13: Senior Citizens and Special Needs Individuals
________ also referred to as titl...,
Others who receive medicare benef...,
________ is part of the social se...
40
cards
Chapter 13: Other Medicare Health Plans
______ for _____ _____ _______ fo...,
Pace is for elderly and disabled ...,
To qualify for
62
cards
Chapter 13: Long Term Care
____ ____ ____policies are intend...,
Tf ltc is provided at an individu...,
All ltc policies must provide cov...
52
cards
Chapter 13: Long Term Care Provisions, Disclosures and Marketing
Ltc policyholders must be provide...,
Applicants must be provided with ...,
The _____ ____ explains policy fe...
44
cards
Chapter 14: Federal Tax and Health Insurance
Tf if the premiums are tax deduct...,
Tf premiums paid for individually...,
Tf benefits received from a hospi...
38
cards
Chapter 15: Texas Supplement - Life and Health
The commissioner s term is _____ ...,
The ____ has the power to regulat...,
The _____ of _____ may request an...
73
cards
Chapter 15: Texas Rules for Life Only
_____ are responsible for the for...,
Tf advertising dividends not guar...,
Life insurance advertisements may...
33
cards
Chapter 15: Texas Rules for Accident/Health Only
Newborns must be covered from the...,
Coverage for ____ _____ drug and ...,
Tf group plans may set durational...
82
cards
Chapter 15: Texas Rules for HMOs
A ____ _____ ____ is a managed he...,
Hmos can be organized in four way...,
Tf a health maintenance organizat...
31
cards
Final Exam
With a guaranteed insurability ri...,
What type of premiums payment can...,
Phil and sarah bought a life poli...
452
cards
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insurance sales exam
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