test 19

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Author:
riosjuank
ID:
232728
Filename:
test 19
Updated:
2013-09-04 00:42:36
Tags:
health insurance
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Description:
test chapter 19
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  1. 1. Which of the following examples pertaining to accidental death and dismemberment insurance is CORRECT?

    A. Merrill is the insured under a $50,000 AD&D policy and dies unexpectedly of a heart attack. His beneficiary will receive $50,000 as the death benefit.
    B. Paula has an AD&D policy that pays $15,000 for the loss of one hand or foot or the sight of one eye. That benefit is called the principal sum.
    C. Eric has an AD&D policy. He is killed in an auto accident. The $30,000 his beneficiary receives as a death benefit is the policy's capital sum.
    D. Linda has a $40,000 AD&D policy that pays triple indemnity. If she should be killed in a train wreck, her beneficiary would receive $120,000.
    D. Linda has a $40,000 AD&D policy that pays triple indemnity. If she should be killed in a train wreck, her beneficiary would receive $120,000.
    (this multiple choice question has been scrambled)
  2. 2. Theodore received a $15,000 cash benefit from his $50,000 accidental death and dismemberment policy for the accidental loss of one eye. The amount he received could be identified as the policy's

    A. principle sum
    B. secondary sum
    C. capital sum
    D. contingent amount
    C. capital sum
    (this multiple choice question has been scrambled)
  3. 3. The amount payable as a death benefit in an accidental death and dismemberment policy is known as the

    A. principal sum
    B. indemnity amount
    C. primary amount
    D. capital sum
    A. principal sum
    (this multiple choice question has been scrambled)
  4. 4. Agnes purchases a round-trip travel accident policy at the airport before leaving on a business trip. Her policy would be which type of insurance?

    a. Limited risk
    b. Business overhead expense
    b. Credit accidental death
    c. Industrial health
    a. Limited risk

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