A 'group disability income' policy, as opposed to an individual disability income policy, is typically
A. issued to an employer or association covering a group of members under one master contract
B. issued only to a single self-employed person
C. never subject to any underwriting at the group level
D. only available to federal government employees
Source: AHS Examination Content Outline, I.A.4
A 'key employee' disability policy is purchased by a business primarily to
A. offset the financial impact on the business if a critical employee becomes disabled
B. pay the disabled employee's personal credit card bills
C. fund the employee's personal vacation
D. replace the business's general liability coverage
Source: AHS Examination Content Outline, I.A.5
Accidental Death and Dismemberment (AD&D) coverage generally pays a benefit
A. only if death or a specified dismemberment results directly from an accident, not from illness
B. for any cause of death, including illness
C. only for illnesses diagnosed after age 65
D. only if the insured requests hospice care
Source: AHS Examination Content Outline, I.B
'Basic hospital, medical, and surgical' policies are best described as coverage that
A. pays scheduled or actual benefits for hospital room/board, physician, and surgical expenses, often with lower limits than major medical
B. only pays for cosmetic surgery
C. replaces the insured's lost wages exclusively
D. only covers prescription drug copays
Source: AHS Examination Content Outline, I.C.1
A 'Point of Service' (POS) health plan generally combines features of
A. an HMO and a PPO, letting members choose in-network gatekeeper care or pay more to go out-of-network
B. only a pure indemnity plan with no network at all
C. only a Medicare Advantage plan
D. only a dental-only insurance plan
Source: AHS Examination Content Outline, I.C.9
