An eligible individual who would like to obtain group health insurance without providing evidence of insurability must

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An eligible individual who would like to obtain group health insurance without providing evidence of insurability must

A) enroll within a specified eligibility period
B) sign an affidavit that they are in good health
C) pay a higher premium than those providing evidence of insurability
D) agree to an individual policy instead of group coverage

Answer: A) enroll within a specified eligibility period

Health and Accident Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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James is the insured on a life insurance policy where his age was misstated on the application. Which of the following is CORRECT regarding the death benefit amount?

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