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Free Accident and Health Insurance Basics Practice Questions

Colorado Accident & Health exam — 44 practice questions.

Subtopics: Morbidity, Peril, Hazard, Moral hazard, AD&D, Limited policies, Insurable interest, Underwriting sources, Accidental injury, Sickness defined, Disability income benefit, Medical expense benefit, Hospital indemnity, Critical illness, Self-inflicted exclusion, War exclusion, Cosmetic exclusion, Workers comp overlap, Field underwriting, Sources of information, Substandard risk, Statement of good health, Long-term care expense, Prescription benefit, Accidental means test, Total disability defined, Partial disability defined, Principal sum, Capital sum, Travel accident insurance, Accident-only policy, Blanket health insurance, Franchise health insurance, Medical Information Bureau, Attending Physician Statement, Preferred risk classification, Impairment exclusion rider, Basic hospital expense coverage, Basic surgical expense coverage, Basic physicians expense coverage, Surgical schedule, First-dollar coverage

Read the Accident and Health Insurance Basics study guide

Sample questions & answers

1. In health insurance pricing, morbidity refers to:

The incidence and severity of sickness and injury in a given group

Morbidity measures the frequency and severity of sickness and injury, and it is a key factor in setting health insurance rates.

2. In insurance terms, a peril is:

The cause of a loss, such as an illness or accident

A peril is the cause of a loss; in health insurance, perils include sickness and accidental injury.

3. A hazard in insurance is best defined as:

A condition that increases the likelihood or severity of a loss

A hazard is a condition that increases the chance or severity of a loss arising from a peril.

4. A moral hazard in health insurance refers to:

A dishonest tendency, such as faking a disability to collect benefits

A moral hazard arises from dishonesty or a tendency to cause or exaggerate a loss, such as faking a disability claim.

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Practice: Accident and Health Insurance Basics

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.