Insurance test questions

summary of question:

30 day elimination period..  guy is sick for 3.5 months and gets $500 for each month he is sick.   

Part that is tricky is the elimination period is defined as the period of time that one has to e sick or disabled before he starts receiving benefits...  BUT also says it serves as a deductible.... which throws me off

Is the answer $1250  (saying he receives basically only 2.5 months after the 30 day elimination period)

Or is the answer $1750  (saying he simply has to wait 30 days but then receives the full 3.5 months disability)

Please any help here would be greatly appreciated by any insurance guys...   Nevada and New York I believe are the only states you need to get 80% on all three sections of the life, health and casualty test...  I have taken it 4 times and passed 2/3 sections but miss the last section with a 76%, 78% and 74%  passing in basically 48 of the 50 states but I live in Nevada..

Test doesn't let u see the right answers to your questions so I am getting repeat questions and no idea if right or not.   Please any help for a fellow degenerate.. I studied over 200 hours for this test it's these questions that I cant find answers to tho because they are hypothetical and cant find any examples online

ill will post some more questions  any feedback will be appreciated.. my football plays you can follow in pro and college will be my payment back to you   thank you

question 2

Girl is sick March 1 but returns to work March 15th....  She has a 30 day elimination period in her policy...   She is permanetely injured  on April 1st rendering her disabled for a long long time.....

When will she start receiving benefits?

Answer is either April 1st (Waiting the 30 days from the March 1st date)

or answer is May 1st... (30 days from the April 1st date)

Keep getting these  damn questions and no matter how much I study it's not clearly drawn out

im gonna keep them coming fellas...  please any help would be appreciated.  

Question 3

Accidental death and dismemberment policy..... $100,000 death benefit....  Guy dies on a commercial airline in an airplane accident with a DOUBLE INDEMNITY RIDER attached to policy... how much he receive?

answer is either $0, $100,000 or $200,000

I put $200,000  but no idea if it is right or not... thinking a plane accident would be covered and because of this double indemnity bs he would receive double no?

damn fellas a helping hand here would put me over the top...

any of you guys who have been on this forum a long time take a guess who this is posting? btw

appreciate it... so ur saying if you have a 30 day elimination period and are sick for 30 days u receive nothing?  how can that make sense....   you pay the 30 days pay out of pocket then receive nothing?  That would be the case if it was cut down to the 2.5 months....  

im not disputing your answer I just want to understand

very appreciative of you following up with me on here sir...

question 3 seems so easy

really appreacite ur guys input  the elimination period questions are driving my nuts  any more input?

again appreciate all your help here bro...   based on your answer to my first question... which was:

30 day elimination period...   disability for 3.5 months and u get $500 each month for disability....       what would he receive?

$1250 or $1750 are the two answers

u said $1250 but based on what you just wrote above makes me think the answer would be $1750

he just has to simply wait the 30 days to receive the FULL 3.5 month benefits?

thanks again man

appreciate it.  that one is tricky. 

I get over 70% everytime unfortunetly Nevada u need an 80% the only state in the United States where the requirement is not a 70% go figure.   Figure it would be the lowest here.

Appreciate it DUDEITOLDU-   so based on ur response like Kursh (who is a great guy and very willing to help me) 

30 day elimination period, sick for a month $500 a month u get.... he gets   zero?   how does that make sense

Here is my question.

Guy is sick Jan 1st...  30 day elimination period    I 100% understand he gets zero money in Jan but in February how much would he receive?   based on $500 a month for each month sick...  you  tell me $500  then  the $1750 is true on my first question..

They word it like this...

Bill is disabled for 3.5 months.... he has a 30 day elimination period in his contract...    he gets $500 per month for disability... after he satisfies the 30 day elimination period HOW MUCH IN BENEFITS WOULD HE RECEIVE?

Worded like that the answer is still $1250?    I was thinking to myself the following...  OK, he satisfied the elimination period of 30 days... NOW He still must get paid for the 3.5 months at $500 a month since he satisfied the elimination period, no?

based on what u wrote in bold wouldn't that contradict your answer of $1250 on the first question....  we get it he dosent get paid during the elimination period but after that is over how would he not receive the full 3.5 months based on at u wrote in bold?