Fundamentos de Accidente y SaludPregunta 475 de 716
A 'recurrent disability' provision in a disability income policy determines:
a.The amount of any death benefit
b.Whether a return of the same disability soon after recovery is treated as a continuation of the prior claim rather than a new one
c.How the policy's premiums are calculated at issue, based on the insured's age, occupation, and health, none of which this provision addresses
d.The length of the free-look period
Explicación
A recurrent disability provision states that if the insured recovers and then suffers the same disability again within a short specified time (often six months), it is treated as a continuation of the original disability, so a new elimination period does not have to be served. It has nothing to do with premium calculation, the free-look period, or a death benefit. The provision protects an insured from having to satisfy a fresh waiting period when the same condition quickly returns.
Practica las 716 preguntas gratis — sin registro.
Own the complete California Life & Health Insurance Producer Exam guide — PDF + EPUB, $19.99 →
Preguntas relacionadas de este tema
- The 'coordination of benefits' (COB) provision in group health insurance is designed to prevent:
- Individual disability income policies typically limit the benefit to roughly 60 percent of the insured's earned income in order to:
- Under a 'presumptive disability' provision in a disability income policy, the insured is automatically presumed totally disabled upon:
- A residual (partial) disability benefit pays when the insured:
- Contributions to a Health Savings Account (HSA) generally receive which federal tax treatment?
- Unlike a Flexible Spending Account (FSA), unused funds in a Health Savings Account (HSA) at year-end:
Última revisión: · proceso editorial
Equipo de PrepPass · Verificado con California Life & Health Insurance License Exam · Cómo revisamos
Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)