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TN Health State Exam Simulator Questions Already Graded A+ $9.49   Add to cart

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TN Health State Exam Simulator Questions Already Graded A+

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TN Health State Exam Simulator Questions Already Graded A+ Fair Marketing Practices - Not a Fair Practice: Reducing the cost by lowering the commission when replacing an existing insurance policy. Policy Application Terms - Best Describes the Terms of a Policy: Policy summary. Payment Modes...

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  • August 29, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • TN Health State Exm Simulator Question
  • TN Health State Exm Simulator Question
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TN Health State Exam Simulator Questions Already Graded A+
Fair Marketing Practices

- Not a Fair Practice: Reducing the cost by lowering the commission when replacing an existing insurance
policy.



Policy Application Terms

- Best Describes the Terms of a Policy: Policy summary.




Payment Modes

- NOT Used by Health Insurance Policies: Single Premium.




Group Policy Issuance

- Group Accident and Health Policy: A policy must be issued to the group (XYZ Corp), and a certificate
must be issued to each employee.




Guaranteed Renewable Health Insurance

- Correct Statement: Premiums typically increase at the time of renewal.




Commissioner Authority in Tennessee

- Maximum Fine for Producers: $1,000 per violation.

, - Guidelines: The Commissioner may establish continuing education guidelines for producer license
renewal.




Premium Handling

- Grace Period Claim Handling: If C fails to pay the premium but is hospitalized, the insurer will pay the
claim in full minus the premium due, utilizing the 31-day grace period for individual Accident and Health
policies.




Waiver of Premium Eligibility

- Initial Requirement: The insured must be under a physician's care.




Medicare Overview

- Medicare Part C: Available to those enrolled in Part A and B.




Assignments in Health Policies

- Definition: Assignment of benefits transfers payments to someone other than the policyowner.




Enrollment and Licensing

- Required for Insurance Contracts: Applicant's signature on application.

- Producers: Insurance contracts may only be sold upon becoming an appointed producer of an insurer.

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