An Individual Can Collect Multiple Payments for the Same Illness

question 10

Multiple Choice

An individual can collect multiple payments for the same illness or accident unless his or her health insurance policy includes a:

• A) pre-existing condition clause.
• B) guaranteed renewability provision.
• C) coordination of benefits provision.
• D) co-insurance clause.
• E) stop-loss provision.

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Definitions:

Personal Selling

A direct marketing approach where sales professionals interact face-to-face with potential customers to present products or services.

Secretary-Treasurer

An official who performs both the duties of a secretary and a treasurer, typically within an organization.

Shareholders' Resolution

A formal decision or motion adopted by the shareholders of a corporation during a meeting, often relating to governance, policy, or financial decisions.

Quorum

The minimum number of members required to be present at a meeting to make the proceedings of that meeting valid.