Hospital indemnity insurance pays you a set daily amount regardless of your actual expenses. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Only scheduled personal property is covered by homeowners’ insurance. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Under the co-insurance clause the insurance company may reimburse you for less than replacement cost on partial structural damage if the dwelling unit is insured for less than 80% of its replacement cost. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
The preferred hospital insurance is hospital indemnity insurance. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Cash value policies rarely apply surrender charges in the early years. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Over the period 1970 through 2006, the average annual return on Treasury bills was about 3%. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Insurers reimburse a larger percentage of private dental services than private nursing care expenditures. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
If one spouse dies intestate, the surviving spouse will generally share the death estate with any surviving children. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Interest returns on cash value policies are only taxed when the policy is surrendered. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Basic health care insurance typically covers unskilled custodial nursing care. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
