PSI Ohio Insurance Practice Exam

Common exclusions from accident and health policies include all of the following except?

1. Intentional acts

2. Pre-existing conditions

3. Loss of income from disability

4. War-related injuries

The correct answer is: Loss of income from disability

Loss of income from disability is not typically excluded from accident and health policies, which makes it the correct choice in this context. These policies are designed to provide benefits for disabilities that prevent an individual from working, thus compensating for lost income. This type of coverage is a fundamental aspect of many health insurance policies, as they aim to support individuals during times of illness or injury that hinder their ability to earn a living. In contrast, the other exclusions listed—intentional acts, pre-existing conditions, and war-related injuries—are common within many accident and health insurance policies. Intentional acts refer to injuries or illnesses that result from the policyholder’s own deliberate actions, which insurance usually does not cover. Pre-existing conditions are medical situations that existed prior to the start of coverage; these are often excluded to control risk for insurers. Lastly, injuries resulting from war-related activities are frequently excluded because of the unpredictable and extreme nature of such events, which insurance companies typically aim to avoid covering due to high potential costs. Overall, understanding these distinctions is crucial in recognizing what aspects of coverage are included in accident and health policies.