Which is an ACCURATE statement regarding benefits of Medicare supplement and
Medicare select plans?
1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on
the health of the insured.
2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
3
The coverage for a loss from an illness or disease is treated differently than for a
loss resulting from an injury due to an accident.
4
The coverage for a spouse cannot be terminated for any reason, including for
nonpayment of premiums.
2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
How is the insurance commissioner chosen?
1
Elected by the people.
2
Appointed by the Governor
3
Selected by a vote in the House and the Senate.
4
Randomly selected from a list of qualified candidates.
1
Elected by the people
An insurance agent is a person who transacts all of the following types of insurance
EXCEPT:
1
annuities.
2
homeowners.
3
auto insurance.
4
life insurance.
4
life insurance
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