Chapter Exam - Arizona Laws and Rules Questions With Verified,Complete Solutions.
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Course
Arizona Life and Health Insurance
Institution
Arizona Life And Health Insurance
What will Medicare charge if someone doesn't enroll in certain Medicare programs or plans when they're first eligible? - Answer late enrollment penalty
A consumer who has been recently denied insurance, credit, or employment based on an unfavorable consumer report MUST be advised as such. Whic...
Chapter Exam - Arizona Laws and Rules
Questions With Verified,Complete
Solutions.
What will Medicare charge if someone doesn't enroll in certain Medicare programs or plans when
they're first eligible? - Answer late enrollment penalty
A consumer who has been recently denied insurance, credit, or employment based on an unfavorable
consumer report MUST be advised as such. Which of the following does this statute originate from? -
Answer Fair Credit Reporting Act
According to the telemarketing sales rules, what are the permissible calling hours for telemarketing calls?
- Answer 8:00 AM
If a life insurance applicant is shown future premiums are to be paid out of non-guaranteed values, the
illustration used in the sales presentation MUST - Answer disclose that premium payments may need to
be resumed depending an actual results
According to federal fraud and false statements regulation, what is required for a prohibited person to
transact insurance business in this state? - Answer written consent from the state insurance regulatory
agency
Which statement best defines what a Policy Title means on an insurance policy? - Answer every policy
must have a title on the face and on the back of the policy, briefly describing the policy
A prepaid dental plan has an agreement in place with a network of dentists which - Answer accepts an
established amount as payment in full for the dental services rendered
If dividend option choices are offered on a whole life insurance policy, the policy MUST - Answer
contain a statement that dividends are NOT guaranteed
, A group health certificate for coverage issued in Arizona MUST contain a(n) - Answer summary of policy
features and benefits
A(n) ____ insurer operates in the U.S. but is headquartered outside the U.S. - Answer alien
Which of the following is NOT a valid reason for an insurer to contest a life insurance policy during the
policy's first two years of existence? - Answer misstatement of age
The application is part of the annuity contract according to the - Answer entire contract clause
Which of these actions is considered to be an Unfair Claims Settlement Practice? - Answer
misrepresenting pertinent policy provisions relating to coverage after a loss
Greg had recently been terminated from his job that covered him for group life insurance. How long
does he have to convert his coverage to an individual policy? - Answer 31 days
The ACA must ensure a sufficient choice of ______ in the marketplace: - Answer providers
After an annuity has been in force for ____ year(s), it becomes incontestable - Answer 2
A group Medicare Supplement policy was terminated and not replaced by the insurer. In this situation,
the insurer MUST - Answer provide an offer of conversion to individual coverage
An insured has been court-ordered to provide a child's health insurance. Upon this order, the insurer
must allow the enrollment of this child - Answer at any time
Rick provides a notice of claim to his health insurer. If he does not receive a claim form within 15 days,
he may comply with the proof of loss provision by - Answer submitting written proof of loss
To protect information systems, brokers, and insurance companies must implement and maintain a(n): -
Answer cybersecurity policy
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