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Insurance 11

QuestionAnswer
Which type of plan would be most appropriate for an individual on Medicare and is concerned that Medicare will NOT pay for charges exceeding the approved amount? Medicare supplement Plan F
In a Long-Term Care policy, activities of daily living (ADL's) can be each of the following EXCEPT Talking
Long-Term Care policies may provide coverage for claims arising from senile dementia
Craig purchased a life insurance policy for enabling his heirs to pay estate taxes. What is this called? Estate conservation
When calculating the amount of life insurance needed for an income earner, what has to be determined when using the Needs Approach? The family's financial objectives if the income earner were to die or become disabled
Which of these retirement plans do NOT qualify for a federal income tax deduction? Roth IRA
A Medicare Supplement Policy is designed to fill in the gaps of Part A and Part B Medicare
Which of these is a method of determining the level of funds required for ongoing support in the event of the breadwinner's death? Human life value
Which of the following does Medicare Part D cover? Prescription drugs
All of the following are considered appropriate uses of life insurance for business purposes EXCEPT rotecting the business by covering entry level employees with life insurance
Created by: johnnywaldron71
 

 



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