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Free Accident and Health Insurance Basics Practice Questions

Minnesota Accident & Health exam — 44 practice questions.

Subtopics: Morbidity, Insurable interest, Field underwriting, Risk classification, Sources of insurability, Principal sum, Hazard, Rating, Accidental injury, Sickness defined, Disability income benefit, Medical expense benefit, AD&D, Hospital indemnity, Critical illness, Limited policies, Self-inflicted exclusion, War exclusion, Cosmetic exclusion, Workers comp overlap, Sources of information, Substandard risk, Statement of good health, Long-term care expense, Prescription benefit, Accidental means test, Total disability defined, Partial disability defined, 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. The expected incidence of sickness and disability within a group is referred to as what?

Morbidity

Morbidity refers to the expected frequency of sickness and disability in a group and is a key factor in pricing health insurance.

2. For health insurance covering oneself insurable interest generally exists because of what?

A person's interest in his or her own health and well-being

A person has an unlimited insurable interest in his or her own life and health, satisfying the insurable interest requirement.

3. When a producer accurately records an applicant's health information on a health application the producer is performing what?

Field underwriting

By accurately recording the applicant's information, the producer performs field underwriting that supports the insurer's risk assessment.

4. Health insurance applicants are placed into risk classes primarily to do what?

Reflect expected morbidity in the premium

Risk classification groups applicants by expected morbidity so that premiums fairly reflect the risk each class presents.

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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.