Pass your New Jersey Health and Accident licensing exam with confidence using the NJ Health and Accident All Versions 2024: Latest & Accurate Real Exam Questions with Detailed Answers – Verified for Guaranteed Pass (Latest Update). This all-inclusive study resource is tailored for aspiring insurance professionals preparing for the 2024 NJ Health and Accident licensing exam, providing a comprehensive collection of real exam questions across all versions of the test. Each question is carefully sourced to reflect the latest 2024 NJ Department of Banking and Insurance (DOBI) exam standards, covering critical topics such as health insurance policies, accident insurance, Medicare, Medicaid, group insurance, disability income, long-term care, underwriting, claims handling, NJ-specific regulations, and ethical practices in insurance. Every question comes with detailed answers and in-depth rationales, helping you understand the reasoning behind correct responses and master the concepts needed to succeed. The exam typically consists of 150 multiple-choice questions, and this guide mirrors that format to provide an authentic practice experience. Verified by industry experts and top-performing candidates, this product ensures a passing score by offering a structured, focused approach to preparation. With the latest updates for 2024, this study guide guarantees you’re working with the most current and accurate material, making it the ultimate tool to secure your NJ Health and Accident insurance license and kickstart your career in the insurance industry.
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1. What can vary among disability policies and companies?
A) Definition of Total Disability
B) Premium rates
C) Coverage limits
D) Exclusions
Correct Answer: A) Definition of Total Disability
Rationale: The definition of total disability is not standardized and can differ based on
the policy or insurance company.
2. Permanent partial disability would typically be covered by which of the following?
A) Total disability benefits
B) Residual disability benefits
C) Short-term disability benefits
D) Critical illness benefits
Correct Answer: B) Residual disability benefits
Rationale: Residual disability benefits are designed to cover individuals who are partially
disabled and still able to work but at a reduced capacity.
3. What rider should an agent recommend to a recent college graduate with an entry
level job discussing disability income coverage?
A) Long-term care rider
B) Guaranteed insurability rider
C) Accidental death rider
D) Waiver of premium rider
Correct Answer: B) Guaranteed insurability rider
Rationale: This rider allows the insured to purchase additional disability income
insurance in the future without having to provide evidence of insurability.
4. Which scenario is an example of a presumptive disability?
A) A person with chronic back pain
B) Nancy was completely blinded and will not recover her sight
C) A person who has a temporary injury
D) A person recovering from surgery
Correct Answer: B) Nancy was completely blinded and will not recover her sight
Rationale: Presumptive disabilities are defined conditions where loss of sight or other
critical impairments are automatically considered total disabilities.
5. What is a characteristic of presumptive (catastrophic) disability?
A) It requires extensive documentation
B) It is often written with a disability policy
C) It only applies to temporary conditions
D) It covers only physical disabilities
Correct Answer: B) It is often written with a disability policy
Rationale: Presumptive disabilities are included in many disability policies, automatically
classifying certain losses as total and permanent.
A) Definition of Total Disability
B) Premium rates
C) Coverage limits
D) Exclusions
Correct Answer: A) Definition of Total Disability
Rationale: The definition of total disability is not standardized and can differ based on
the policy or insurance company.
2. Permanent partial disability would typically be covered by which of the following?
A) Total disability benefits
B) Residual disability benefits
C) Short-term disability benefits
D) Critical illness benefits
Correct Answer: B) Residual disability benefits
Rationale: Residual disability benefits are designed to cover individuals who are partially
disabled and still able to work but at a reduced capacity.
3. What rider should an agent recommend to a recent college graduate with an entry
level job discussing disability income coverage?
A) Long-term care rider
B) Guaranteed insurability rider
C) Accidental death rider
D) Waiver of premium rider
Correct Answer: B) Guaranteed insurability rider
Rationale: This rider allows the insured to purchase additional disability income
insurance in the future without having to provide evidence of insurability.
4. Which scenario is an example of a presumptive disability?
A) A person with chronic back pain
B) Nancy was completely blinded and will not recover her sight
C) A person who has a temporary injury
D) A person recovering from surgery
Correct Answer: B) Nancy was completely blinded and will not recover her sight
Rationale: Presumptive disabilities are defined conditions where loss of sight or other
critical impairments are automatically considered total disabilities.
5. What is a characteristic of presumptive (catastrophic) disability?
A) It requires extensive documentation
B) It is often written with a disability policy
C) It only applies to temporary conditions
D) It covers only physical disabilities
Correct Answer: B) It is often written with a disability policy
Rationale: Presumptive disabilities are included in many disability policies, automatically
classifying certain losses as total and permanent.
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