Exam (elaborations)
Missouri Laws & Rules questions and answers rated A+ 2024/2025
- Course
- Institution
Missouri Laws & Rules questions and answers rated A+ 2024/2025
[Show more]
Content preview
Missouri Laws & RulesA medical health insurance policy utility might also ONLY be altered with the written consent of
the - ANSApplicant
All of those statements concerning a licensee's responsibility for premiums received are real
EXCEPT - ANSThe licensee shall hold them in a fiduciary capability earlier than transmitting
them to the insurance company
In order to terminate a producer's appointment, the insurer MUST - ANSSend a word of the
termination to the Director
Health coverage plans that cowl bodily remedy visits might also NOT impose a copay that -
ANSAre extra than the copay or coinsurance for primary care workplace visits
Which of the subsequent is a requirement to attain a Missouri resident manufacturer license? -
ANSMust be 18 years or older
Which of those is taken into consideration an unfair change exercise? - ANSA producer who
tells a patron that dividends are guaranteed
Credit Life Insurance is - ANSIssued in an quantity now not to exceed the quantity of indebtness
The grace period for group lifestyles policy is _____ days - ANS31 days
In Missouri, all health guidelines must cope with diabetes insurance wherein way? - ANSApply
the same deductible and copays to included diabetic resources as other medical conditions
When an insured gets chiropractic carrier, the copayment may also NOT exceed _____ of the
total price of offering the provider - ANS50%
Coverage for human leukocyte antigen trying out for bone marrow transplant is REQUIRED to
be provided in all - ANSGroup complete medical insurance
Which of those is NOT a required institution lifestyles policy provision? - ANSRight to mortgage
proceeds
Which of the subsequent kind of life insurance rules includes an investment account that is
become independent from the insurer's general account? - ANSVariable existence
A licensee should complete ____ hours of continuing schooling every 2 years - ANS16 hours
, After a lifestyles coverage policy has been in pressure for a MAXIMUM of ______ years, it
becomes incontestable - ANS2 years
Which of these statements concerning fitness insurance for physically handicapped dependents
is FALSE? - ANSThe established ought to had been over 10 years of age when the handicap
turned into incurred
If the sale of a Medicare Supplement includes substitute, all of these moves should be carried
out by the manufacturer EXCEPT - ANSNotify the changed coverage business enterprise
Jasmine Is a salaried worker of an insurance agency. Which of the subsequent responsibilities
could require her to be certified as an insurance manufacturer? - ANSSoliciting coverage
regulations
A producer should document any personal legal fees inside ___ days of pre-trial listening to. -
ANS30 days
A foreign coverage enterprise CANNOT conduct business in Missouri with out - ANSA
certificates of authority
Missouri calls for that an insurance manufacturer must entire ____ hours of persevering with
schooling on the subject of regulation and ethics each reporting length - ANS3 hours
Which of the following may NOT be issued after the Director of Insurance reveals an insurance
code violation dedicated by way of a licensee? - ANSWarrant for arrest
Which of the following is a demand for acquiring a resident producer license in Missouri? -
ANSPay a $100 license rate
A manufacturer is circulating wrong records approximately the benefits of a policy. This
manufacturer may be found guilty of - ANSMisrepresentation
ABC coverage enterprise would love to problem a small group coverage on this kingdom.
Before doing so, it is REQUIRED to - ANSBe legal to write down coincidence and medical
insurance in this state
A hearing ought to be held before a producer's license can be suspended or revoked. Prior to
this hearing, the Director is needed to present - ANSWritten note to the producer
What ought to a producer sign when an existing life coverage policy is being reissued with a
reduction in cash value? - ANSNotice Regarding Replacement
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ascore. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now