Joni is covered under a dental insurance plan that requires her to annually pay the first $200 of dental expenses (other than routine semi-annual examinations and cleanings, which are covered in full), at which point the plan reimburses her for 80% of the cost of routine care. Based only on this information, Joni is most likely covered under a(n):

A) exclusive provider organization.

B) dental health maintenance organization.

C) comprehensive plan.

D) capitation plan.

Answer: C) comprehensive plan.

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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?

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What is the other term for the cash payment settlement option?
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Which of the following best defines target premium in a universal life policy?
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A beneficiary change can occur
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In an insurance contract, the applicant's "consideration" is the
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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All of the following are elements of an insurance policy EXCEPT
What would be an expense factor in an insurance program?
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Who is responsible for assembling the policy forms for insureds?
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What documentation grants express authority to an agent?

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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?

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