QUESTION 1

1. Social security benefit is always received tax-free.

True

False

QUESTION 2

1. There is no deductible for Medicare.

True

False

QUESTION 3

1. Medicare supplement policies may not exclude preexisting condition.

True

False

QUESTION 4

1. The term "noncancellable" is more liberal than the term "guaranteed renewable"

True

False

QUESTION 5

1. Blood transfusion is covered under home health care.

True

False

QUESTION 6

1. Agent should put the client's interest above his own.

True

False

QUESTION 7

1. When Medicare and group health insurance plans both provide coverage, the employer's plan will be the first to pay.

True

False

QUESTION 8

1. The upper limit of life insurance death benefits covered by the KY life and health guaranty association is $300,000.

True

False

QUESTION 9

1. After service, claim needs to be filed within 30 days.

True

False

QUESTION 10

1. Insurance guarantee fund is a great selling point for life insurers.

True

False