Mutual Fund and Fund Answer A.

Question 1
1.
Which type of health insurance pays part of all of the surgeon 's fee for an operation
Answer

a. surgical expense

b. hospital expenses

c. physician 's expense

d. major medical expense
3 points
Question 2
1.
Health insurance typically includes
Answer

a. deductibles b. out-of-pocket limits

c. co-payments d. all of the above
3 points
Question 3
1.
Driver classification includes information on a person 's and is used to set auto insurance rates
Answer

a. type of automobile

b. place of residence

c. credit rating

d. driving habits
3 points
Question 4
1.
Which of the following are important provisions to your life insurace contract
Answer

a. policy reinstatement

b. grace period

c. naming your beneficiary

d. all of the above
3 points
Question 5
1.
Which life insurance provision permits the owner of the policy to borrow any amount up to the cash value of the policy
Answer

a. double indemnity

b. nonforfeiture clause

c. incontestability clause

d. policy loan provision
3 points
Question 6
1.
What form of insurance is growing faster than any other form of insurance in the country
Answer

a. vision care

b. dread disease

c. long-term care

d. dental expense
3 points
Question 7
1.
The following are government funded medical programs
Answer

a.
Medicare

b.
Medigap

c.
Medicaid

d. both a and c
3 points
Question 8
1.
The application for insurance includes two parts, basic information and
Answer

a. policy costs

b. medical history

c. cash values

d. none of the above
3 points
Question 9
1.
Risk assumption is the same as
Answer

a. risk avoidance

b. risk reduction

c. risk sharing

d. none of the above
3 points
Question 10
1.
One of the following is not a method of estimating your life insurance requirements
Answer

a.