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Disability Insurance Policies Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. Which disability provision pays an insured a percentage of their lost income if they are unable to return to full employment?

Question 2 2. To be considered totally disabled, at which occupations are you not able to work?

Question 3 3. What is a qualifying or waiting period in disability insurance?

Question 4 4. Which disability provision pays an insured a stated percentage of the total disability amount if he/she is unable to perform one or more of his/her job responsibilities?

Question 5 5. Which disability provision pays an insured a benefit if he or she becomes disabled with the same or similar condition within 12 months of returning to full-time work?

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Question 6 6. Which of the following is NOT an advantage of group disability insurance?

Question 7 7. Which of the following is NOT an advantage of individual disability insurance?

Question 8 8. Which of the following is NOT part of the coverage in a group disability insurance plan?

Question 9 9. What is disability insurance?

Question 10 10. What is the time that an employee has to wait between an illness or disability and the start of disability payments known as?

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Question 11 11. Which of the following is NOT a listed term or acceptance criteria for AD&D insurance?

Question 12 12. What is accidental death and dismemberment (AD&D) insurance?

Question 13 13. Which of the following is covered by AD&D insurance?

Question 14 14. Which of the following is NOT a benefit of AD&D insurance?

Question 15 15. Which of the following is covered by the dismemberment portion of AD&D?

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Question 16 16. Business disability insurance _____

Question 17 17. Which type of insurance covers operating expenses if the owner becomes disabled?

Question 18 18. Which type of insurance covers the replacement costs of finding another employee or owner?

Question 19 19. Bill and Tim are the owners of ABC Company who have decided to allow the other owner to purchase their share of the company should one of them become totally disabled. One day, Bill falls down the stairs and no longer is able to work. What type of insurance will allow Tim to purchase Bill's share so that the company can continue to operate?

Question 20 20. Which type of insurance buys out the business interest of a disabled owner?

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Question 21 21. Which of the following options is true about Social Security disability?

Question 22 22. Tony is selecting a disability insurance policy. He has the option of having his benefits start 30 days, 60 days, or 120 days after the onset of a disability. Why would Tony choose 120 days?

Question 23 23. Choose which statement is true about long-term disability policies?

Question 24 24. Sharon's expecting her first child and meets with her employer's human resources department to discuss maternity leave. The representative explains that Sharon's eligible to utilize paid time off, after which the employer-sponsored disability policy will pay benefits. What type of disability policy is the representative referencing?

Question 25 25. How are the terms toileting and continence related?

Disability Insurance Policies Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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