Insurance2

Question 1

Health insurance covered Perils

Answer 1

■ Accident
–– Unintentional injury
–– Unforeseen
■ Sickness
–– Medical care not caused by an accident

Question 2

Health Insurance Covered Benefits

Answer 2

■ Hospital and medical bills
■ Loss of income—disability
■ Dental bills
■ Long-term care—medical and non-medical expenses

Question 3

Federal Government Health Insurance

Answer 3

■ TRICARE—active military
■ Veterans—former military
■ Medicare—primarily for senior citizens & Social Security disability
■ Social Security disability

Question 4

Limited Plans

Answer 4

■ Limited benefits
■ Limited perils—such as cancer or vision
■ Notice—insured must be informed of the limited benefits

Question 5

Limited Benefit Policies

Answer 5

■ Accident only
■ Dread disease
■ Critical illness
■ Hospital indemnity
■ Credit disability
■ Blanket coverage
■ Prescription drugs
■ Vision
■ Hearing

Question 6

Health Insurance Common Exclusions

Answer 6

■ Intentional
■ War or act of war
■ Elective cosmetic surgery
■ Workers compensation
■ Felony