Term
| The time limit for certain defenses is 2 years for all conditions and statements including fraudulent statements. (T or F) |
|
Definition
|
|
Term
| The notice of claim is the insured's responsibility and must be received by the insurer within ____ ___ of the loss. |
|
Definition
|
|
Term
| Claim forms must be in the insured's hands within 15 days after notice of claim. (T or F) |
|
Definition
|
|
Term
| Regarding the time payment of claims, all claims must be paid immediately upon receipt of written proof of loss. (T or F) |
|
Definition
|
|
Term
| Changing to a more hazardous occupation will result in an adjustmet of ____ to meet premiums paid. |
|
Definition
|
|
Term
| A policy might be in effect and not cover some or all medical expenses for a stated period of time. This time period is referred to as the ___ |
|
Definition
|
|
Term
| Group health insurance has the provision of Coordination of Benefits. What provision is used in individual health plans as the coordination of benefits? Insurance with ____ ____ |
|
Definition
|
|
Term
| Other Insurance with This Insurer is a provision to protect the insurer from the overpayment of claims. (T or F) |
|
Definition
|
|
Term
| If a health policy is in a grace period at the time of a claim, the insurer may not deduct the coinsurance payment, deductible or the unpaid premiums to arrive at the insurance company's obligation (T or F) |
|
Definition
|
|
