KENTUCKY LIFE AND HEALTH INSURANCE EXAM VERSIONS

Page 1 of 171

1

KENTUCKY LIFE AND HEALTH INSURANCE EXAM VERSIONS

A, B, C AND TWO STUDY GUIDES EACH 150 REAL EXAM

QUESTIONS AND CORRECT ANSWERS 2024 -2025

ALREADY GRADED A+

KENTUCKY LIFE AND HEALTH INSURANCE EXAM VERSIONS A

Contracts that are prepared by one party and submitted to the other party on a take-it-or leave it basis are classified as

• Binding

B Contacts of Adhesion

• Unilateral Contracts
• Aleatory Contracts - ANSWER-B. Contracts of Adhesion. Going to adhere to something that

the company says.Which type of care re-establishes functional use to natural teeth?

• Functionality
• Repair
• Restorative
• Fillings - ANSWER-C. Restorative . It restores the teeth.

All of the policies of credit life or credit health insurance must be delivered or issues for delivery in Kentucky only by

• unlicensed person
• The Commissioner 1 / 4

Page 2 of 171

2

• A separate, third party insurance
• An insurer authorized to do insurance business, and such policies must be issued only

through holders of licenses issued by the Commissioner. - ANSWER-D. An insurer authorized to do insurance business, and such policies must be issued only through holders of licenses issued by the Commissioner.Which of the following will vary the length of the grace period in health insurance?

• length of time insured
• The term of policy
• The mode of the premium payment
• The length of any elimination period - ANSWER-C. The mode of the premium payment
• days on a weekly premium, 10 days on a monthly, 31 days on anything more.

How soon following the occurrence of a covered loss must an insured submit written proof of such loss to the insurance company?

• as soon as possible
• Within 20 days
• Within 60 days
• Within 90 days or as soon as reasonably possible, but not to exceed 1 year. - ANSWER-D.

Within 90 days or as soon as reasonably possible, but not to exceed 1 year.Under a health insurance policy, benefits, other than deaths benefits, that have not otherwise been assigned, will be paid to

• Beneficiary 2 / 4

Page 3 of 171

3

• The spouse
• The Insured
• The creditors. - ANSWER-C. The Insured

------- policies pay for loss of income due to period of disability while --------- policies cover medical and surgical expenses.

• Key Person, Extended covered
• Extended coverage, Key Person
• Disability Income, Medical Expense
• Disability Expense, Medical Expense - ANSWER-C. Disability Income, Medical Expense

If an insured is covered on an expense-incurred basis under multiple insurers whom are not informed about the other sources of coverage before loss then - ANSWER-Each insurer should pay a proportionate share of the claim.If a individual applying for life insurance says he went to the doctor for nausea but failed to say he was also having chest pains, what is this

• Concealment
• Misrepresentation
• Fraud
• Warranty - ANSWER-A. Concealment

He concealed his other symptoms.What is the purpose of Cobra? 3 / 4

Page 4 of 171

4

• Provide coverage for the dependents
• Provide health coverage for low income
• To protect insureds against insurers.
• Continuation of coverage for terminated employees - ANSWER-D. Continuation of coverage

for terminated employees Jason is insured under his employers group health insurance. He splits the cost of the premiums with his employer. Example of

• Noncontributory Plan
• Half and Half
• A co-pay plan
• A contributory plan - ANSWER-D. A contributory plan

Both parties contribute Prior to Purchasing a Medigap policy, a person must be enrolled in

• Medicare part A & B
• All four parts of Medicare
• Any private insurance policy
• Only part A - ANSWER-A. Medicare part A & B

Bridges the gap between.

• / 4