Arkansas Life and Health Insurance Practice Exam

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Prepare for the Arkansas Life and Health Insurance Exam. Utilize flashcards and multiple-choice questions with hints and explanations for each question. Get thoroughly ready for your certification test!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

D has an accidental death and dismemberment policy with a $200,000 principal sum and a $100,000 capital sum. While mowing the lawn, D cut off a finger. How much will the policy pay?

$0
$50,000
$100,000
$200,000

The correct answer is: $0

In this scenario, the accidental death and dismemberment policy includes a $200,000 principal sum and a $100,000 capital sum. Accidental death and dismemberment policies typically have specific amounts designated for different types of losses, such as loss of limb, sight, or other injuries. In this case, the individual cut off a finger while mowing the lawn. Since the loss of a finger falls under the capital sum category in the policy, the policy will not pay out for this specific injury. Therefore, the correct answer is $0. It's essential to understand the details and specific coverage limits of an insurance policy to determine the amount that will be paid out for different types of losses or injuries.