A&H Insurance Acronyms
A 1996 federal law that created national standards for the protection of sensitive patient information
What is:
A) HIPAA
B) Protection Act
C) OSHA Act
What is required for some adjuster licenses in some status (such as New York and California)
What is
A) A Bond
B) A Reciprocity
C) A mentor
How many gallons of ice cream does the average American consume each year?
DOUBLE JEOPARDY
What is
A) 4 Gallons
B) 10 Gallons
C) 14 gallons
Medical Bills and Car Estimates are what type of damages?
What is
Compensatory damages
Adverse Damages
Specific Damages
Loss of hearing in one ear may have a benefit available under this type of policy
What is
1) Accidental Death and Dismemberment (AD&D) Insurance
2) Social Security Disability Reimbursement (SSDR) Insurance
3) Americans with Disabilities Act Reimbursement (ADAR) Insurance
A document sent by your health insurance company that details the costs and coverage of healthcare services you have received
What is
A) Explanation of Medical Procedures (EMP)
B) Explanation of Insurance Policy (EIP)
C) Explanation of Benefits (EOB)
This coverage indemnifies the policyholder for claims submitted for loss of revenue due to a covered peril.
What is
A) Rent Ordinance
B) Business Income
C) Money Endorsement
Who hold the record for most Grammy Awards?
Who is
A) Elton John
cC) Michael Jackson
D) Taylor Swift
Pain and Suffering are what type of damages
What is
Subjective Damages
Objective Damages
Speculative Damages
A type of policy under which the insured has no privacy rights
What is
Pet policy
Health and Accident policy
Pets on Property Endorsement policy
This type of policy covers injuries that are the result of unintended, unanticipated accidents, external to the body with results independently from all other causes and occurs during a covered activity
What is
A) POI
B) PAI
C) ECB
What is another name for a lawsuit that is filed in a state.
What is
A) A Motion
B) An affirmation
C) A Complaint
How much was a 30 second commercial for this year’s Superbowl?
What is
A) $20M
B) $15.5M
C) $8M
An aggregate limit is usually _______ as the per-occurrence limit.
What is
A) 5 times
B) 3 times
C) 2 times
A type of coverage that will only consider medical benefits after all other valid and collectible insurance has finalized their payment
What is
A) Dual Policy coverage
B) Reinsurance coverage
C) Excess coverage
A financial intelligence agency that enforces economic and trade sanctions
DOUBLE JEOPARDY
What is
A) Internal Revenue Service ("IRS")
B) U.S. Securities and Exchange Commission ("SEC")
C) The Office of Foreign Assets Control ("OFAC")
What is it called when a mediator suggests a recommended settlement amount that he/she feels will satisfy both Plaintiff and Defense
What is
A) A Judge's proposal
b) An Mediator's Proposal
c) A Adjuster's proposal
What female celebrity has been married the most?
Who Is
A) Elizabeth Taylor
B) Jennifer Lopez
C) Zsa Zsa Gabor
A specified dollar amount that the insured must pay before the insurance policy responds to a loss.
What is
A) Captive Insurance Payment
B) Active Self-Response Payment
C) Self - Insured Retention
Hospital Indemnity is an example of a benefit under this type of policy
What is
A) Hospital Benefits
B) Limited Medical
C) Patient Protection Policy
A series of tests that assess a person’s physical abilities and work tolerances, often used in disability insurance claims to determine if a person can perform the activities required for their job
What is
A) Independent Medical Exam ("IME")
B) Aptitude Assignment Evaluation ("AAE")
C) Functional Capacity Evaluation ("FCE")
What does LLR stand for?
What is
A) Large Loss Report
B) Labor, Licensing, and Regulation
C) Loan loss reserve
What is the most money ever won on Jeopardy?
What is
A) 4M
B) 2M
C) $7M
An agency that is contracted to perform various business functions, such as underwriting, binding, policy administration, claims, and distribution
DOUBLE JEOPARDY
What is
A) Managing General Associate (MGA)
B) Managing General Agent (MGA)
C) General Product Developer (GPD)
Charges applied towards another policy’s deductible could be paid under this type of policy
What is
A) Guaranteed Asset Protection - ("GAP")
B) Guaranteed Offset Protection - ("GOP")
C) Guaranteed Retention Protection - ("GRP")