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5 Written questions

5 Matching questions

  1. Third Party Administrator
  2. Punitive Damages
  3. Investigation
  4. Disability Insurance
  5. Actuarial Department
  1. a often the larger of the two awards and are intended primarily to punish wrongdoing by the defendant and make an example of them to help deter such actions in the future
  2. b an organized effort to discover the facts or truth of the matter
  3. c covers and employee's salary, or a percentage of it, while the employee is on disability leave
  4. d professional firm that is under contract to deal solely with administering the eligibility and claim payment services for self-funded benefit plans
  5. e responsible for ensuring that the company's operation are conducted on a mathematically sound basis

5 Multiple choice questions

  1. responsible for matters relating the company's employees
  2. deception to cause a person to give up property or something of lawful right
  3. processes new business acquired by the company and Department also schedules physical examination for policies that require evidence of insurability
  4. a denial or renunciation of responsibility
  5. paying a premium in order to continue coverage after the initial policy period has expired

5 True/False questions

  1. Bad Faith Awardsoften the larger of the two awards and are intended primarily to punish wrongdoing by the defendant and make an example of them to help deter such actions in the future

          

  2. Department of Insurancecovers medical and hospital services. Such policies are sold as individual or group policies

          

  3. Conventional insurancean employer or individual purchases an insurance plan and agrees to pay premiums to the insurance company

          

  4. Legal Departmentthe processing of claims in a correct and timely manner

          

  5. Premium Services Departmenthandles and processes all premium payments received

          

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