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13 Cards in this Set
- Front
- Back
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If an agent makes a correction on the application for health insurance, who must initial the correct answer? |
The applicant |
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What is the best way to make a change on an application for insurance? |
Start over with a fresh application |
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Who is responsible for paying the cost of a medical examination required in the process of underwriting? |
Insurer |
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If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notified of the investigation? |
The applicant |
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When should an agent obtain a statement of good health from the insured? |
When the premium was paid upon policy delivery and not at the time of application |
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Who must sign a health insurance application? |
The policyowner, the insured (if different), and the agent |
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Who’s responsibility is it to inform an applicant for health insurance about the insurer’s information gathering practices? |
The agent |
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What is the entire contract and health insurance underwriting? |
The application and the policy issued |
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In health insurance, the policy itself and the insurance application form what? |
The entire contract |
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What is the term used for a written request for an insurer to issue an insurance contract based on the provided information? |
Application |
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What entitiesmake up the medical information bureau? |
Insurers |
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What information are the members of the medical information bureau required to report? |
Adverse medical information about the applicants or insured |
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If an underwriter requires extensive information about the applicant’s medical history, what report will best serve this purpose? |
Attending physician’s statement |
