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NJ Life, Accident and Health Insurance Law Questions and Complete Solutions Graded A+
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NJ Life, Accident and Health Insurance Law Questions and Complete Solutions Graded A+
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NJ Life, Accident and Health InsuranceLaw Questions and Complete Solutions
Graded A+
The Principal purpose of the NJ Individual Health Coverage Program is to - Answer: help insurers offer
individaul health insurance to persons who might otherwise be unable to obtain coverage as
substandard risks
In NJ, the Commissioner of Banking and Insurance is: - Answer: Appointed by Governer
An individual whose license is revoked will be entitled to reapply after a waiting period of - Answer: 5
years from date of revocation
Insurance related conduct includes all of the following EXCEPT - Answer: Attending a meeting of the
National Association of Insurance Commissioners
As chief exectutive officer of the Department of Banking and Insurance, the Commisionner of Insurance
may do all EXCEPT - Answer: Make Insurance Laws
Under what circumstances can a surplus lines agent sell a policy underwritten by an insurance company
that is NOT liscensed in NJ - Answer: When the coverage cannont be obtained from an authroeitzed
insurer
Within how many days of opening a branch office must an insurance producer notify the Dept. of
Banking and Insurance - Answer: 30 Days
The service fee for any one policy cannot exceed - Answer: 20.00
How many Medicare supplements can a producer sell to one person - Answer: One Policy
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