sample pmi 1b questions. the principle of community rating in private medical insurance means: a the...
TRANSCRIPT
Sample PMI 1BSample PMI 1B
QuestionsQuestions
The principle of community ratingThe principle of community rating in Private Medical Insurance in Private Medical Insurance means:means:
A A thethe same premium level is charged same premium level is charged for a given level of for a given level of cover regardless of age, gender or past claims recordcover regardless of age, gender or past claims recordB B a standard level of cover must be offered regardless a standard level of cover must be offered regardless
of age, gender or past claims recordof age, gender or past claims record but the but the premiums may be variedpremiums may be variedC C a guaranteea guarantee of renewal of a private medical insurance of renewal of a private medical insurance
policy being offeredpolicy being offeredD D cash transfers between insurerscash transfers between insurers to neutralise different to neutralise different
claims experience levelsclaims experience levels
Sample QuestionSample Question
The principle of community ratingThe principle of community rating in Private Medical Insurance in Private Medical Insurance means:means:
A A thethe same premium level is charged same premium level is charged for a given level of for a given level of cover regardless of age, gender or past claims recordcover regardless of age, gender or past claims recordB B a standard level of cover must be offered regardless a standard level of cover must be offered regardless
of age, gender or past claims recordof age, gender or past claims record but the but the premiums may be variedpremiums may be variedC C a guaranteea guarantee of renewal of a private medical insurance of renewal of a private medical insurance
policy being offeredpolicy being offeredD D cash transfers between insurerscash transfers between insurers to neutralise different to neutralise different
claims experience levelsclaims experience levels
ANSWER :ANSWER : A A
AnswerAnswer
Medical proceduresMedical procedures that must be covered under the terms of that must be covered under the terms of the the Health Insurance Act 1994Health Insurance Act 1994 by insurers providing cover by insurers providing cover for in-patient hospital services are those that are:for in-patient hospital services are those that are:
AA desirable from the policyholder’s perspectivedesirable from the policyholder’s perspectiveBB considered necessary by the policyholderconsidered necessary by the policyholderCC medically necessarymedically necessaryDD specifically listedspecifically listed in the legislation in the legislation
Sample QuestionSample Question
Medical proceduresMedical procedures that must be covered under the terms of that must be covered under the terms of the the Health Insurance Act 1994Health Insurance Act 1994 by insurers providing cover by insurers providing cover for in-patient hospital services are those that are:for in-patient hospital services are those that are:
AA desirable from the policyholder’s perspectivedesirable from the policyholder’s perspectiveBB considered necessary by the policyholderconsidered necessary by the policyholderCC medically necessarymedically necessaryDD specifically listedspecifically listed in the legislation in the legislation
Answer: CAnswer: C
AnswerAnswer
Which was the first health insurer to pay commission to brokersWhich was the first health insurer to pay commission to brokers??
AA Vhi healthcareVhi healthcareBB VIVASVIVASCC BUPABUPADD QUINN-healthcareQUINN-healthcare
Sample QuestionSample Question
Which was the first health insurer to pay commission to brokersWhich was the first health insurer to pay commission to brokers??
AA Vhi healthcareVhi healthcareBB VIVASVIVASCC BUPABUPADD QUINN-healthcareQUINN-healthcare
Answer: BAnswer: B
AnswerAnswer
The primary reason that an underwriter needs to be aware of The primary reason that an underwriter needs to be aware of material facts is because this information enables him to:material facts is because this information enables him to:
AA analyse the frequency and severity of the riskanalyse the frequency and severity of the risk
BB arrange suitable reinsurancearrange suitable reinsurance
CC establish the most suitable policy for the proposerestablish the most suitable policy for the proposer
DD rate the riskrate the risk
Sample QuestionSample Question
The primary reason that an underwriter needs to be aware of The primary reason that an underwriter needs to be aware of material facts is because this information enables him to:material facts is because this information enables him to:
AA analyse the frequency and severity of the riskanalyse the frequency and severity of the risk
BB arrange suitable reinsurancearrange suitable reinsurance
CC establish the most suitable policy for the proposerestablish the most suitable policy for the proposer
DD rate the riskrate the risk
ANSWER :ANSWER : D D
AnswerAnswer
George has a personal accident policy which provides a benefit of George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim?and cannot work for 5 weeks. How much, if anything can he claim?
AA NilNil
BB €200€200
CC €300€300
DD €500€500
Sample QuestionSample Question
George has a personal accident policy which provides a benefit of George has a personal accident policy which provides a benefit of €100 per week. A 14 day excess applies. George breaks his leg €100 per week. A 14 day excess applies. George breaks his leg and cannot work for 5 weeks. How much, if anything can he claim?and cannot work for 5 weeks. How much, if anything can he claim?
AA NilNil
BB €200€200
CC €300€300
DD €500€500
ANSWER :ANSWER : C C
AnswerAnswer
There are standard compulsory excesses under a comprehensive There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the private motor insurance policy. What determines the level of the excess?excess?
AA The type of vehicleThe type of vehicle
BB The age and experience of the driverThe age and experience of the driver
CC The area of useThe area of use
DD The use to which the vehicle is putThe use to which the vehicle is put
Sample QuestionSample Question
There are standard compulsory excesses under a comprehensive There are standard compulsory excesses under a comprehensive private motor insurance policy. What determines the level of the private motor insurance policy. What determines the level of the excess?excess?
AA The type of vehicleThe type of vehicle
BB The age and experience of the driverThe age and experience of the driver
CC The area of useThe area of use
DD The use to which the vehicle is putThe use to which the vehicle is put
ANSWER :ANSWER : B B
AnswerAnswer
Which part of an insurance policy incorporates the proposal form into Which part of an insurance policy incorporates the proposal form into the policy?the policy?
AA Standard conditionsStandard conditions
BB Operative clauseOperative clause
CC Policy schedulePolicy schedule
DD Recital clauseRecital clause
Sample QuestionSample Question
Which part of an insurance policy incorporates the proposal form into Which part of an insurance policy incorporates the proposal form into the policy?the policy?
AA Standard conditionsStandard conditions
BB Operative clauseOperative clause
CC Policy schedulePolicy schedule
DD Recital clauseRecital clause
ANSWER :ANSWER : D D
AnswerAnswer
What is the situationWhat is the situation regarding the charge made by public hospitals for regarding the charge made by public hospitals for private facilitiesprivate facilities??
AA Each hospital is free to fix its own ratesEach hospital is free to fix its own ratesBB Pricing agreements are in placePricing agreements are in place with insurers for these with insurers for these facilities on an all-inclusive daily rate basisfacilities on an all-inclusive daily rate basisCC Pricing agreements are in placePricing agreements are in place with insurers for these with insurers for these facilities on the basis of separate charges for each element of facilities on the basis of separate charges for each element of carecareDD The government specifies the daily rateThe government specifies the daily rate
Sample QuestionSample Question
What is the situationWhat is the situation regarding the charge made by public hospitals for regarding the charge made by public hospitals for private facilitiesprivate facilities??
AA Each hospital is free to fix its own ratesEach hospital is free to fix its own ratesBB Pricing agreements are in placePricing agreements are in place with insurers for these with insurers for these facilities on an all-inclusive daily rate basisfacilities on an all-inclusive daily rate basisCC Pricing agreements are in placePricing agreements are in place with insurers for these with insurers for these facilities on the basis of separate charges for each element of facilities on the basis of separate charges for each element of carecareDD The government specifies the daily rateThe government specifies the daily rate
Answer: DAnswer: D
AnswerAnswer
The purpose of the Data Protection Act 1988 is to protect:The purpose of the Data Protection Act 1988 is to protect:
AA computer software developers from software pirates and computer software developers from software pirates and hackershackers
BB computer systems manufacturers against misuse of their computer systems manufacturers against misuse of their products by third partiesproducts by third parties
CC individuals on whom data is heldindividuals on whom data is held
DD public companies which hold data concerning clientspublic companies which hold data concerning clients
Sample QuestionSample Question
The purpose of the Data Protection Act 1988 is to protect:The purpose of the Data Protection Act 1988 is to protect:
AA computer software developers from software pirates and computer software developers from software pirates and hackershackers
BB computer systems manufacturers against misuse of their computer systems manufacturers against misuse of their products by third partiesproducts by third parties
CC individuals on whom data is heldindividuals on whom data is held
DD public companies which hold data concerning clientspublic companies which hold data concerning clients
ANSWER :ANSWER : C C
AnswerAnswer
The The Equal Status Act 2000Equal Status Act 2000 permits differential treatment of permits differential treatment of individuals in which of the following circumstances?individuals in which of the following circumstances?
AA Where the issue involved is one of marital statusWhere the issue involved is one of marital statusBB Where statistical data justifies itWhere statistical data justifies itCC Where differential treatment is not intended to cause offenceWhere differential treatment is not intended to cause offenceDD Where the issue involved is one of religionWhere the issue involved is one of religion
Sample QuestionSample Question
The The Equal Status Act 2000Equal Status Act 2000 permits differential treatment of permits differential treatment of individuals in which of the following circumstances?individuals in which of the following circumstances?
AA Where the issue involved is one of marital statusWhere the issue involved is one of marital statusBB Where statistical data justifies itWhere statistical data justifies itCC Where differential treatment is not intended to cause offenceWhere differential treatment is not intended to cause offenceDD Where the issue involved is one of religionWhere the issue involved is one of religion
Answer: BAnswer: B
AnswerAnswer