Which of the following is NOT one of the requirements for a policy to be considered “Qualified”?

Insurance

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Which of the following is NOT one of the requirements for a policy to be considered “Qualified”?

A) Policies may include optional coverage for reimbursement of certain Medicare expenses.

B) Insureds must be given a 30-day free look period.

C) Policies must state renewal conditions (guaranteed renewable) on the first page.

D) Insureds must have a chronic illness that is expected to last for a minimum of three months.

Answer: Policies may include optional coverage for reimbursement of certain Medicare expenses.

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