Chapter 1 / Field Underwriting Procedures

Question 1

What info are the members of the medical information bureau required to report ?

Answer 1

Adverse medical information about the applicant or insured 

Question 2

If an agent makes a correction on an application for health insurance, who much initial the correct answer?

Answer 2

The applicant

Question 3

Entities make up the medical information bureau?

Answer 3

Insurers

Question 4

And health insurance the policy itself in the insurance application form what?

Answer 4

Entire contract

Question 5

Whose responsibility is it to inform the applicant for health insurance about the insururs information gathering practices?

Answer 5

The agent

Question 6

What is the best way to make changes on an application for insurance?

Answer 6

Start over with a fresh application 

Question 7

When should a agent take a statement of good health from the insured?

Answer 7

When the premium was paid upon policy delivery and not at the time of application

Question 8

What is the entire contract in health insurance underwriting?

Answer 8

The application in the policy issued

Question 9

Who must sign a health insurance application?

Answer 9

The policyowner, then insured (if different) and the agent

Question 10

Who is responsible for paying the cost of medical examination required in the process of underwriting?

Answer 10

Insurer

Question 11

If a underwriter requires extensive information about the applicants medical history, what report is best served in this purpose

Answer 11

Attending physician statement

Question 12

If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notify the investigation?

Answer 12

The applicant

Question 13

What is the term used for a written request for an insurer to issue an insurance contract based on the provided information?

Answer 13

Application.