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Health Insurance Cards – Q&A – Guaranteed Pass
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Health Insurance Cards – Q&A – Guaranteed Pass
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Health Insurance Cards – Q&A – Guaranteed PassWhich would protect the owner of a mobile phone, laptop, tablet, or other
similar device against the devices theft or malfunction? Correct Ans -
Portable electronics insurance
The requirement that agents not commingle insurance monies with their
own fund is known as Correct Ans - Fiduciary responsibility
A non resident person can receive a non resident producer lines if all of the
following are true EXCEPT:
A) the persons home state awards resident producer license to non
residents of the state on a limited basis
B) the person has submitted the proper request for licensure and has paid
the fees prescribed
C) the person has submitted or transmitted to the Commissioner the
application for licensure
D) the person is currently licensed as a resident and in good standing in his
home state Correct Ans - A
Which of the following is NOT required for a producer to tell a prospect
A) what requirements the producer needed to meet to obtain the insurance
licenser
B) from what outside sources the insurer would seek information
regarding the insured
C) how the insurer would use any outside information regarding the
applicant
D) an explanation of products that the insurer is selling Correct Ans -
A
,A typical accidental death and dismemberment policy covers all of the
following losses EXCEPT:
A) limb
B) life
C) income
D) eyesight Correct Ans - C
What type of information is NOT included in a certificate of insurance?
A) the procedures for filing a claim
B) the length of coverage
C) the cost the company is paying for monthly premiums
D) the policy benefits and exclusions Correct Ans - C
The patient protection and affordable care act mandates that insurers
provide coverage for adult children of the insured up to the age of
A) 19
B) 21
C) 26
D) 30 Correct Ans - C
All of the following are correct concerning medical savings accounts (MSA)
EXCEPT
A) amounts deposited for the employee have large taxes
B) amounts deposited for the employee are income tax deductible
, C) during the year, the employee may deduct from the MSA to cover out of
pocket expenses such as deductibles and co insurance
D) if there is a balance left in the MSA the balance can be carried over to
future years Correct Ans - A
An agent accepts the premium payment 35 days after it is due, telling the
insured that there will not be a problem keeping the policy enforced, this is
an example of what type of agent authority?
A) implied
B) assumed
C) apparent
D) express Correct Ans - C
AN employee becomes insured under the PPO plan provided by his
employer. If the insured decides to go to a physician who is not a PPO
provider, which of the following will happen?
A) the PPO will pay the same benefits as if the insured had seen the PPO
physician
B) The PPO will pay reduced benefits
C) The PPO will not not pay any benefits at all
D) The insured will be required to pay a higher deductible Correct Ans
- B- i had said D
How soon following the occurrence of a covered loss must an insured
submit written proof of such loss to the insurance company?
A) as soon as possible
B) within 20 days
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