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Colorado Life & Health State Exam with Answers, Exams of Nursing

Walden UniversityNursing

Colorado Life & Health State Exam with Answers

Typology: Exams

2024/2025

Available from 07/03/2025

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BEST-TUTOR. 🇺🇸

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Colorado Life & Health State Exam
Complete Set With Answers GRADED A+
2025/2026 LATEST
1. AnginsurergofferinggMedicaregSupplementsgtogseniorgclientsgmust::gOffer
CoregBenefitgPlangAgifgitgsellsganygofgthegothergplans
2. Fred'sggroupghealthgplangoffersgprepaidgroutinegmedicalgexamsgtogprovideg
e arlygtreatmentgandgpreventivegcare.gHegmostglikelyghasgwhatgtypegofgcover-
g age?:gHMO
3. Optionalguniformgprovisionsgfoundginghealthginsurancegpoliciesgaregdesignedg
to gprotectgthe::gInsurer
4. AllgofgthegfollowinggstatementsgregardinggaggroupgAccidentalgDeathgandg
Di smembermentgpolicygaregincorrect,gexcept::gAnygbenefitsgreceivedgaregnotg
taxa blegtogthegrecipient
5. IngColorado,gallgsmallgemployerginsurersgaregrequiredgtogactivelygmarketg
h ealthgplansgto::gEligiblegsmallgemployersgingthegstate
6. UniversalgLifegisgsimilargtogWholegLifegingallgofgthegfollowinggways,gexcept::g-
Thegtiminggandgamountgofgpremiumgisgflexible
7. Whengagpolicyglapsesgduegtognonpaymentgofgpremium,gwhichgnonforfeitureg
o ptiongisgthegautomaticgoption?:gExtendedgTerm
8. IngColorado,gwhichgofgthegfollowinggwouldgbegconsideredgangeligibleggroup?-
:gAglaborguniongtrust
9. Seanghasgaghomegwithgagmortgage.gHegneedsglifeginsurancegtogprotectghisg famil
1g/g11
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Download Colorado Life & Health State Exam with Answers and more Exams Nursing in PDF only on Docsity!

Colorado Life & Health State Exam

Complete Set With Answers GRADED A+

2025/2026 LATEST

1. AnginsurergofferinggMedicaregSupplementsgtogseniorgclientsgmust::gOffer

CoregBenefitgPlangAgifgitgsellsganygofgthegothergplans

2. Fred'sggroupghealthgplangoffersgprepaidgroutinegmedicalgexamsgtogprovideg

e arlygtreatmentgandgpreventivegcare.gHegmostglikelyghasgwhatgtypegofgcover-

g age?:gHMO

3. Optionalguniformgprovisionsgfoundginghealthginsurancegpoliciesgaregdesignedg

to gprotectgthe::gInsurer

4. AllgofgthegfollowinggstatementsgregardinggaggroupgAccidentalgDeathgandg

Di smembermentgpolicygaregincorrect,gexcept::gAnygbenefitsgreceivedgaregnotg

taxa blegtogthegrecipient

5. IngColorado,gallgsmallgemployerginsurersgaregrequiredgtogactivelygmarketg

h ealthgplansgto::gEligiblegsmallgemployersgingthegstate

6. UniversalgLifegisgsimilargtogWholegLifegingallgofgthegfollowinggways,gexcept::g-

Thegtiminggandgamountgofgpremiumgisgflexible

7. Whengagpolicyglapsesgduegtognonpaymentgofgpremium,gwhichgnonforfeitureg

o ptiongisgthegautomaticgoption?:gExtendedgTerm

8. IngColorado,gwhichgofgthegfollowinggwouldgbegconsideredgangeligibleggroup?-

:gAglaborguniongtrust

9. Seanghasgaghomegwithgagmortgage.gHegneedsglifeginsurancegtogprotectghisg famil

1 g/g 11

ygbutgalsogwantsgtogleavegthemgwithoutgagmortgagegpaymentgifghegdies.g Ideallygwh ichgofgthegfollowinggridersgshouldghegacquire?:gDecreasinggTermgRider

  1. Agpartnershipghasg 3 gpartnersgwhogeachghavegangequalgownershipginterestg ingt heirg$3,000,000gbusiness.gHowgmanygpoliciesgwouldghavegtogbegpurchasedg unde rgagtraditionalgcrossgpurchasegbuy-sellgagreementgplan?:g 6 g(3x2)
  2. ThegSocialgSecuritygDeathgBenefitgisgpayablegtogthe .:gTheg survivinggspouse
  3. Ifgaftergagpolicyghasgbeengissuedgandgdelivered,gtheginsurergdiscoversg unans weredgquestionsgongthegapplication,gwhatgcangtheginsurerglegallygdogatg thisgpoin t?:gNothing,gtheginsurerghasgwaivedgitsgrightgtogthatginformation
  4. PPOgplansgpaygprovidersgbasedgonga::gDiscountedgfeegforgservicegnegotiatedg ing advance
  5. EachgofgthegfollowinggaregcharacteristicsgofgagCurrentgAssumptiongWholeg Li feginsurancegpolicy,gexcept::gThegdeathgbenefitgisgnotgguaranteed
  6. The provisiongpreventsgagWholegLifegPolicygfromglapsing,gasg longgasgtheregisgadeq uategcashgvalue,gifgtheginsured/policyownergforgetsgtogpayg thegpremiumgbygthegen dgofgtheggracegperiod.:gAutomaticgPremiumgLoan
  7. Attachingga(n) ridergexcludesgcoveragegforgagconditiongthatg wouldgotherwisegbegcovered.:g Impairment

2 g/g 11

onitorghospitalgstays?:gConcurrentgReview

  1. MgforgetsgtogpaygthegpremiumgongtheirgLTCgpolicy,gandgthegpolicyglapses.gIfgitgisgd eterminedgthatgMghasgagcognitivegimpairment,gM'sgpolicygcangbegreinstatedg withi n::g 90 gdays
  2. Groupghealthgplansgusuallygcover::gNonoccupationalginjurygorgdisease
  3. Allgofgthegfollowinggaregtruegwithgregardgtogutilizationgreviewgrequirements,g ex cept::gTheginsurergwhoghasgdeniedgthegclaimgconductsgthegexternalgreview
  4. IfgangindividualgstartsgreceivinggSocialgSecuritygretirementgbenefitsgatgageg 6 2,gwhengaregtheygeligiblegforgPartgAgbenefits?:gAutomaticallygatgageg 65
  5. WhichgofgthegfollowinggisgnotgagmandatedghealthgcoveragegingColorado?:g- Vision
  6. WhichgofgthegfollowinggMedicaregSupplementgpoliciesghavegCoregBenefits?- :gPlansgAgthroughgN

4 g/g 11

  1. IngColorado,gangemployeegthatgisgeligiblegforggroupgconversiongmustgapply andgpaygthegpremiumgforgthegconvertedgpolicygwithinghowgmanygdaysgaftergtheg ter minationgofgcoverage?:g 31 gdays
  2. ThegInsuringgClausegundergangindividualgA&Hgpolicygwouldgcontaingallgtheg fo llowing,gexcept::gPremiumgorgrategcalculations
  3. Allgindividualghealthgbenefitgplansgissuedgtogpolicyholdersgthatgreceiveg fede ralgsubsidiesgundergthegACAgmustgcontaingagprovisiongforgaggracegperiodg of::g 3 gm onths
  4. Whichgstatementgisgfalse?:gMandatorygSecondgSurgicalgOpiniongisgwhengtheg ph ysiciangsubmitsgclaimginformationgpriorgtogtreatment,gtogdeterminegingadvancegifg thegpr oceduregisgcovered
  5. AllgofgthegfollowinggaregOptionalgUniformgProvisions,gexcept::gLegalgActions
  6. ThegLegalgActionsgprovisiongpreservesgtheginsured'sgrightgtogbringgsuitg agai nstgtheirgownginsurer,gbutgtheginsuredgmustgwaitgatgleast daysgafterg filinggagproofgofglossgbeforegpursuinggthisgaction.:g 60
  7. Theggracegperiodgforgangindividualghealthginsurancegpolicygbeinggpaidgongag qu arterlygbasisgis::g 31 gdays
  8. Toghelpgavoidgunintentionalglapse,gangLTCgpolicygissuedgingColoradogmust:- :gAllowgthegpolicyholdergtogdesignategagthirdgpartygtogreceivegnotificationgifgthegpolicyg isga boutgtoglapse
  9. IfgthegCommissionergreceivesginformationgthatgaglicensegholderghasgviolatedg st ateglaw,gthegCommissionergmustgfirst::gHoldgaghearing
  10. Agsmallgemployergcarriergisgapplyinggagpremiumgsurchargegtogagsmallg emplo yerggroup.Theggcarriergmaygapplygthisgincreasedgpremiumgforgupgto::g 12 g months
  11. IngColorado,gifgagpolicygbeinggdeliveredgisgagreplacementgpolicy,gthegfreeglo

5 g/g 11

  1. IngColorado,gtheggracegperiodgundergaggroupglifegpolicygmustgbegg days.:g 31 gdays
  2. ThegABCgcorporationgchosegaghigh- deductibleghealthgplang(HDHP)gforgtheg purposegof::gCoordinatinggwithgthegHSAgitgin tendedgtogoffergtogitsg 700 gfullgtimegemployees
  3. Angorganizationgthatgtransactsginsurancegonlygwithgitsgowngmembersgisg a( n)::gFraternalgBenefitgSociety
  4. Level,gdecreasinggandgincreasinggtermgrefergtogwhichgpolicygfeature?:gDeathg B enefit
  5. Whichgofgthegfollowinggbestgdefinesgtheg'CostgRecoverygRule'?:gGenerally,gth egdifferencegbetweengthegamountgofgcashgvaluegreceivedgandgthegamountgofg premiumg paidgingisgsubjectgtogincomegtaxgupongsurrender
  6. IngColorado,gifganginsurergfailsgtogsettlegagclaimgwithing 90 gdays,gtheginsurerg mu stgpayga penaltygongthegamountgultimatelygallowed.:g20%
  7. g isgagformgofgwholeglifegingwhichgtheginsurancegcompanyg cangchangegthegpremi umsgorginterestgrategbeinggcreditedgtogthegaccountgbasedg ongcurrentgmoneygmark etgrates.:gCurrentgAssumptiongWholegLife
  8. Anginsuredgwithgagparticipatingglifeginsurancegpolicygreceivesgangannualg divi dendgcheckgingthegmail.gHegmustghavegselectedgwhichgDividendgOption::g-g Cash
  9. ThegHMOgprovidergisgpaidgagsetgfeegpergenrollee,gknowngasga::gCapitationgFee
  10. Whatgisgagwaygtogprovidegadditionalglifeginsurancegprotectiongforgagtem- g porarygperiodgofgtimegwithoutghavinggtogacquiregangadditionalglifeginsuranceg p olicy?:gAddgagtermgridergtogagnewgorgexistinggpolicy
  11. Joegsuffersgagbrokengleggwhilegongvacation.gWithgJoe'sgHMO,ghegmaygseekg m edicalgcaregatgwhichgofgthegfollowing?:gThegnearestgemergencygroom

7 g/g 11

  1. HighgDeductiblegHealthgPlansg(HDHPs)garegcharacterizedgbygwhichgofgtheg fo llowing?:gThegpremiumsgaregsignificantlyglowergthangothergplans
  2. Victoria'sgadjustedggrossgincomegwasg$60,000.Thegtotalgcostgofghergindivid- g ualgmedicalginsurance,gLTCginsurance,gandgout-of- pocketgmedicalgexpensesg wasg$7,500.Victoriaggmaygqualifygforgagdeductiongingtheg amountgof .:gOnlyg thegamountgthatgexceedsg7.5%gofgAGIgmaygbegdeductible.gIngthisgcase,g7.5%g ofg Victoria'sgAGIg=g$4,500,gandg$7,500- $4,500g=g$3,000.gTherefore,g$3,000gisgtheg excessgamountgwhichgmaygbegdeductible.
  3. KggivesgbirthgtogagchildgongSeptemberg1st.gAgpremiumgisgrequiredgtogcoverg the gchildgundergK'sggroupghealthgpolicy.gKgmustgnotifygtheginsurergofgthegbirthgandgpa ygthegadditionalgpremiumgbygwhatgdate?:gOctoberg2nd
  4. Provisionsgandgclauses,gunlikegriders,garegincludedgingthegcontractgfor::gNog ad ditionalgcharge

8 g/g 11

andgrecipientgofgthegproceeds.gThegkeygemployeegorgpersongisgtheginsured.

  1. OnegofgyourgclientsgjustgreinstatedgangAccidentgandgHealthgpolicy.gWhengisgco veragegeffective?:gIng 10 gdaysgforgsicknessgandgimmediatelygforgaccidentalginjuries
  2. Anginsuredgownsgag$50,000gpermanentglifegpolicygthatgshegpurchasedg 4 g yearsg agogthatghasgagdisabilitygwaivergofgpremium.Thegginsuredgbecomesg disabledgandg paysgpremiumsgduringgthegwaitinggperiodguntilgthegwaivergbegins.g Oncegthegwaive rgbegins,gwhatghappensgtogthegpremiumsgshegpaidgduringgthegwaitinggperiod?:gTh eginsurergrefundsgit
  3. Whengcangagpolicyownergmakegagchangegingthegpolicy'sgcoveragegorgotherg be nefitsgifgangirrevocablegbeneficiaryghasgbeengnamed?:gAftergthegirrevocableg benefi ciarygdies
  4. Whichgofgthegfollowinggstatementsgisgtruegregardingggroupgshortgtermg disabil itygbenefits::gEliminationgperiodgmaygbegasgshortgasgzerogdaysgforgaccidents
  1. AllgofgthegfollowinggaregcharacteristicsgofgUniversalgLifegInsurance,gexcept:- :gThegpolicyownergcangchoosegwhichginvestment(s)gtogplacegthegcashgvaluesgintogfromg thos egavailable
  2. Whatgpercentagegofgemployeegparticipationgisgrequiredgforgagcontributoryg e mployerggroupgplan?:g75%
  3. SylviagisgagparticipantgingagPreferredgProvidergOrganizationgandgfindsgthatg ifg shegoptsgtogusegagprovidergoutsidegthegnetwork::gHergPPOgwillgpaygagreducedg amou ntgwithgSylviagpayinggthegbalance
  4. WhichgstatementgisgincorrectgregardinggCOBRA?:gThegemployeegorgbenefi- g ciarygmustgrespondgtogthegnotificationgofghis/hergrightgtogcontinuegcoveragegwithing 90 g da ys,gifghe/shegwantsgtogcontinuegthegcoverage
  5. Whichgofgthegfollowinggisgagdisclosuregrequirementgwhengsellinggannuityg c ontracts?:gIfgthegBuyer'sgGuidegandgdisclosuregstatementgaregnotgprovidedgatgorg befo regapplication,gagfreeglookgperiodgofgatgleastg 15 gdaysgmustgbegprovided
  6. Producersgdognotgneedgtogmeetgsuitabilitygrequirementsgingallgofgthegfollow- g inggsituations,gexcept::gThegconsumergreplacedgangannuitygwithingthegprecedingg 36 g m onths
  7. Ifgagsmallgemployerggroupghadgtheirginsurancegdiscontinuedgduegtognonpay- g mentgofgpremiums,gandgthengreappliesgforgcoveragegingthegsmallggroupgmarket,g ag smallgemployergcarriergmaygimposegagpremiumgsurchargegofgupgto::g35%g abovegth egmodifiedgcommunitygrate
  8. Groupglifegdeathgbenefitsgmaygbegassignedgtogagpartygothergthangthegbene- g ficiarygby::gTheginsured,gonly
  9. Insurersgincludegprovisionsgingcontractsgtoghelpgreducegunnecessaryg clai msgandgthegoverpaymentgofgclaims.gWhichgofgthegfollowinggisgnotgonegofg thoseg
  1. Ifgagbeneficiarygisgdesignatedgasgirrevocable,gthengallgofgthegfollowing requiregthegirrevocablegbeneficiary'sgapproval,gexcept::gChanginggthegmodegofg pre mium
  2. Whichgofgthegfollowinggbeneficiarygdesignationsgisgagclassgdesignation?:g- Anygchildrengofgthisgmarriage
  3. Cashgvaluesgwithingangordinarygstraightgwholeglifeginsurancegpolicy g overgtime.:gIncrease
  4. IfganginsuredgsuffersgagdismembermentgundergthegAD&Dgpolicy,gwhichgofgth egfollowinggwillgprovidegbenefitgpayoutsgtogthegbeneficiary?:gCapitalgsum
  5. Thegcashgreceivedgbygthegpolicyownergwhenghe/shegterminatesgagpolicygisg kn owngasgwhat?:gCashgSurrendergValue
  6. Bethgownsgag 20 - PaygLifegparticipatinggpolicy.gSheghasgdecidedgthatgthegdividendsgshouldgbegappli edgtowardgfuturegpremiums.gWhichgDividendgOptiong didgshegchoose?:gPremiumg Reduction
  7. Sharon,gageg 64 gisggettinggreadygtogfileghergtaxes.gWhichgofgthegfollowingg state mentsgisTRUEggregardinggthegdeductibilitygofghergpersonally- ownedghealthg insurancegpolicies?:gUnreimbursedgmedicalgexpensesgingexcessgofg7. %gofghergAGIg maygbegtaxgdeductible
  8. Allgofgthegfollowinggaregprohibitedgprovisionsgingaglong- termgcaregpolicy,gexcept::gCancellinggagpolicygduegtognonpaymentgofgpremium
  9. ThegSmithgfamilyghasgag$1,000gannualgfamilygdeductiblegwithgagcoin- g surancegprovisiongofg80/20.Theggfamily'sgclaimsgforgthegyeargareg$200,g$300, $400,g$500,g$300,gandg$300,gtotalingg$2,000.Thegginsurergisgresponsiblegforg paying: :gThegfamilygresponsibilitygisgthegdeductibleg($1,000)gandg20%gofgthegbalanceg ($200).gTher

efore,gtheginsurergisgresponsiblegforgpayingg$800.

  1. Agpermanentgpolicygisgsurrenderedgforgitsgcashgvalue,gandgthatgsumgisg great ergthangthegamountgofgpremiumsgpaidgin.gHowgisgthegexcessgtaxed?:gTaxedgasgordin arygincome
  2. Angemployerggroupghealthginsurancegsponsorgdoesgallgofgthegfollowing,g e xcept::gIssuegthegpolicy
  3. Mandatoryguniformgprovisionsgfoundginghealthginsurancegpoliciesgareg d esignedgtogprotectgthe::gInsured
  4. AglifegInsurancegpolicyownergreceivesgangannualgdividend.gOnegoptiongforg th isgdividendgisgtogusegitgtogoffsetgthegannualgobligationgtogtheginsurer.gWhatgisg thisgo ptiongcalled?:gPremiumgReduction
  5. Whichgofgthegfollowinggdocumentsgusedgforgunderwritinggcangbegcomplet- g edgbygtalkinggtogthegproposedginsuredgovergthegphone?:gInspectiongreport
  1. Albertgownedgag$100,000gpolicygthatghadgaccumulatedgagcashgvaluegof $20,000,gagainstgwhichgheghadgborrowedg$10,000.gIfghegdiesgwithgthisgloang outstan ding,ghisgbeneficiarygwillgreceivegwhichgofgthegfollowinggamounts?:g- $90,
  2. Continuationgofggroupghealthgcoveragegappliesgtogemployeesgwhoghaveg ha dgcontinuousgcoveragegundergthegpolicygforgwhatgperiodgofgtime?:g 6 gmonths
  3. Whichgofgthegfollowinggisgthegoverallgleastgexpensivegpremiumgmode?:g- Annually
  4. Anginsurableginterestgmustgexistgbetweengthe andgthegg g atgthegtimegofgapplicationgforglifeginsurancegtogbegvalid.:gApplicant/Insured
  5. UndergthegLegalgActionsgMandatorygUniformgProvision,ganginsuredgmustg w aitgatgleast daysgaftergprovidinggproofgofglossgbeforegtheygcangtakeg legalgactiongagainstgth eginsurer.:g 60 gdays
  1. Admittedglifeginsurersgmustgpayginterest,gatgagrategspecifiedgbyglaw,gon deathgbenefitsgfromgthegdategofgtheginsured'sgdeath,gthroughghowgmanygdaysg foll owinggthegdategtheginsurergreceivesgthegclaim?:g 30 gdays
  2. g reviewgisgagsetgofgformalgtechniquesgforgmonitoringgthegusegorg clinicalgneces sitygofghealthgcare,gorgforgdetermininggifgangexclusiongappliesgorg agtreatmentgisgm edicallygnecessary.:gUtilization
  3. WhichgprovisiongisgagMandatorygUniformgProvision?:gLegalgActions
  4. Aglifeginsurancegapplicant'sganswersgongthegapplicationgindicategthatgtheyg ing goodghealth.gIngfact,gthegapplicantgactuallyghasgagdiseasegthatgtheygaregnotg awareg of.Theggstatementgongthegapplicationgisgconsidered::gAgrepresentation
  5. Whichgofgthegfollowinggisgagfactorgwhengdetermininggwhethergagrecommen- g dationgtogobtaingorgreplacegangannuitygisgsuitable?:gFinancialgandgtaxgstatus 123. Producersgmustgmakegreasonablegeffortsgtogdeterminegwhethergagrecom- g mendationgtogobtaingorgreplacegangannuitygisgsuitable.gAccordinggtogColoradog la w,gwhengmustgthesegeffortsgoccur?:gPriorgtogrecommendation
  6. WhichgprovisiongisgangOptionalgUniformgProvision?:gRelationgofgEarningsgtog In surance
  7. Carriersgmustgissueggroupghealthginsurancegdirectlygtogwork-sitegemploy- g ersgifgthegemployergmeetsgthegdefinitiongof::gAgsmallggroup
  8. Atgleastghowgmanygdaysgingadvancegmustganginsurerggiveganginsuredgnoticeg ofg non-renewalgforgaghealthgplan?:g 180
  9. AllghealthgpoliciesgissuedgingColoradogmustgprovidegcoveragegforgpre- g ventivegbreastgcancergscreeningsgwithgmammographygongangannualgbasisg f or::gIndividualsgwithgagfamilyghistorygofgbreastgcancer
  10. Harrygwasghospitalizedgandgingagcomagforg 6 gmonths.gWhengdoesgproofgofg los

months,gwhichgcoveredg$8,000gofgemployeegsalaries,gasgwellgasg$3,000gingrent andgutilities.Thisggmeansgthatgthegamountgofgthegbenefitsgwhichgwasgreportedg asgi ncomegequaled::g$12,

  1. IndividualgTermgpoliciesgareggenerallygstand- alonegpolicies,gbutgmaygbeg writtengwithgothergtypesgofgpoliciesgasga(n)::gRider
  2. Sylviagwasgtheginsuredgandgownergofgagpolicygthatgnamedgherghusbandgasg th egbeneficiary.gUpongherghusband'sgdeath,gshegdecidedgtogchangegthegbene- gficiarygdesignationgtoghergbestgfriendgsincegsheghasgnogcloseglivinggrelatives.g Th eginsurancegcompanygwill::gAcceptgthegbeneficiarygchange
  3. Whatgaregthegtwogtypesgofglifeginsurancegassignments?:gAbsolutegandg co llateral
  4. Ifganginsuredgpaysgagpremiumgthatgisglowergthangothersgthatgaregingthegsameg cla ss,gthisginsuredgisgconsideredgtogbegratedgas?:gPreferred
  5. WhichgisgthegbestgdescriptiongofgagLimitedgAccidentgPolicy?:gItgprovidesg be nefitsgforginjuriesgassociatedgwithgspecificgevents
  6. Generally,gangindividualgisgeligiblegtogenrollgingMedicaregatgage::g 65
  7. Ingagpolicygsummarygallgofgthegfollowinggmustgbegshowngasgbeinggguaran- g teed,gexcept::gDividends
  8. Allgofgthegfollowinggaregtruegregardinggdisclosuresgatgthegpointgofgsalegandg iss uesgrelatinggtogAIDS,gexcept::gMuchglikegillegalgdrugsgandgnicotinegthegapplicantg doesg notghavegtogprovidegconsentgpriorgtoginsurer'sgtestinggforgHIV
  9. AllgofgthegfollowinggaregexclusionsgundergangLTCgpolicy,gexcept::gChemicalgde pendencygongone'sgowngprescriptiongdrugs
  10. Eghasgag$10,000gtraditionalgwholeglifegpolicygwithgag$4,000gcashgvalue.g Pr emiumsgpaidgtogdategareg$3,500.gIfgthegpolicyglapsesgwithgag$4,000gloang outsta

nding,gwhatgamountgwillgbegtaxablegasgincomegtogE?:g$

  1. Thegdifferencegbetweengagmisrepresentationgandgagmaterialgmisrepresen-g tationgis::gMaterialgmisrepresentationsgaregissuesgthatgaffectgpolicygissuance
  2. WhichgofgthegfollowinggisgFALSEgregardinggSettlementgOptions?:gBothg princi palgandginterestgreceivedgasgagresultgofgagsettlementgoptiongaregtaxedgasgordinaryg incomegt ogthegbeneficiary
  3. WhichgofgthegfollowinggpoliciesgwouldgbegdeemedgagMEC?:gSinglegPremiumg W holegLife
  4. RegardinggCOBRA,gwhichgofgthegfollowinggisgnotgtrue?:gItgcoversgpartici- g pantsgwhoghavegresignedgforg 36 gmonthsgfollowinggthegdategofgtheirgresignation
  5. Undergwhichgbusiness- relatedgusegofgDisabilitygIncomegInsurancegwouldg thegpremiumsgbegtax- deductible?:gBusinessgOverheadgExpensegCoverage