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Accident-and-Health-or-Sickness-Producer Practice Exam Questions and Answers

MarylandAccident and Health or Sickness Producer Series 20-24 Exam

Last Update 3 weeks ago
Total Questions : 90

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Question # 1

Accident and health policies must cover physically or mentally handicapped dependent children:

Options:

A.  

To age 19

B.  

To age 25

C.  

For life

D.  

Until they become self-sustaining

Discussion 0
Question # 2

An insured’s statements on an accident and health insurance application are deemed to be:

Options:

A.  

Representations

B.  

Warranties

C.  

Categorical

D.  

General provisions

Discussion 0
Question # 3

A health maintenance organization (HMO) must provide coverage for all of the following EXCEPT:

Options:

A.  

Routine physical examinations

B.  

Well-baby or well-child care

C.  

Dental and vision care

D.  

Emergency services

Discussion 0
Question # 4

Who has the right to change the beneficiary of an accident and health policy with a revocable beneficiary designation?

Options:

A.  

The policyowner

B.  

The beneficiary

C.  

The insurer

D.  

The producer

Discussion 0
Question # 5

A producer may be guilty of misrepresentation if the producer:

Options:

A.  

Failed to disclose exclusions of the policy

B.  

Denied a claim for failure of the policyholder to prove damages

C.  

Required timely written notice of loss for all claims

D.  

Issued a full settlement check expressly releasing the insurer

Discussion 0
Question # 6

It is unlawful for a person to provide an advertisement that:

Options:

A.  

Points out coverage advantages of a policy

B.  

Refers to the insurer’s financial rating

C.  

Uses a policy title to misrepresent a coverage

D.  

Makes a comparison of benefits between policies

Discussion 0
Question # 7

All of the following are characteristics of a preferred risk applicant for disability income insurance EXCEPT:

Options:

A.  

Non-smoker

B.  

Non-hazardous occupation

C.  

High income

D.  

Physically active

Discussion 0
Question # 8

Disability income insurance premiums are a deductible expense when the premiums are paid by:

Options:

A.  

A partnership for group disability income coverage for the partners

B.  

A corporation for group disability income coverage for the employees

C.  

An insured for individual disability income coverage

D.  

An employee for group disability income coverage

Discussion 0
Question # 9

Which of the following is NOT a mandated benefit in Maryland?

Options:

A.  

Treatment of mental illness

B.  

Treatment of substance abuse

C.  

Weight reduction programs

D.  

Hearing aids for children

Discussion 0
Question # 10

When determining the premiums for large groups, most insurance companies use:

Options:

A.  

Occupational rating

B.  

Area rating

C.  

Pooled rating

D.  

Experience rating

Discussion 0
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