Chunhua is a licensed insurance agent working on a number of disability insurance policies for her clients. The First National Insurance Company notifies Chunhua that the premiums will be rated for one of her disability insurance applicants. Which of the applicants below will be the MOST likely to have their premiums rated?

a)Jordan, who is 52 and diagnosed with Type 2 diabetes and whose father and grandfather became disabled from the disease.

b)Isabela, who is in remission after surgery and radiation treatment last year for breast cancer.

c)Filipe, who is a 29 year old non-smoker in good health with no family history of disease.

d)Emilia, who is 29 and in good health and whose mother passed away from complications due to Type 2 diabetes.

Carlos meets with his insurance agent, Harissa, to discuss his disability insurance coverage. When Carlos asks about the difference between the coverage he would get from his individual policy and that available through the CPP disability benefit, which of the following answers is CORRECT?

a)Carlos could obtain CPP disability even if he is able to work in some capacity.

b)Contributions to his CPP will be made solely by his employer.

c)The CPP definition for disability is generally more severe than that of individual policies.

d)At age 65 Carlos may receive both the CPP disability and retirement benefit.

Your client, Hudson, meets with you for an annual review. Hudson is single with no children. He tells you that he has recently started a new position and has just become eligible to join the group extended health insurance plan. The group plan includes coverage for prescription drugs, enhanced medical and hospital care, dental care, vision care, and accidental death and dismemberment (AD&D). When Hudson asks you to explain about group coverage in more detail, which of the following would be a CORRECT explanation that you could provide to Hudson?

a)Hudson’s employer will typically pay 100% of his group health insurance premiums.

b)To qualify for AD&D benefits, Hudson’s death or loss must occur within one month of the accident.

c)Hudson would not be covered for services such as massage therapy and chiropractic treatment.

d)Vision care will generally be the most expensive element of Hudson’s group insurance plan.

Answer rating: 100% (QA)

Question 1 Option b Isabela who is in remission after treatment last year for breast cancer su... View the full answer