QUESTION 40

1. A written exam must be taken with the application of insurance license.

True

False

QUESTION 41

1. Currently, LTC benefit requires hospital confinement prior to nursing home for the coverage to be triggered and pay.

True

False

QUESTION 42

1. The longer the waiting period, the more favorable the rating treatment.

True

False

QUESTION 43

1. A group of 50 people would like to purchase group health insurance. Therefore, the formed a group to satisfy the size requirement of the group health insurance.

True

False

QUESTION 44

1. All adjusters are hired by insurer to settle the claim.

True

False

QUESTION 45

1. Insurers are not allowed to discriminate the insureds based on the genetic test result.

True

False

QUESTION 46

1. The KY life and health guaranty association is established to protect all parties involved in the life and health insurance policies.

True

False

QUESTION 47

1. Medicare is a version of national health insurance.

True

False

QUESTION 48

1. The conventional fully insured plan is more expensive than the alternatives funding plans.

True

False

QUESTION 49

1. Insurance commissioner only need the appointment of Governor.

True

False

QUESTION 50

1. Medical reports are used with low-indemnity policies or insureds that are relatively young.

True

False