Hawaii life insurance - Study guides, Class notes & Summaries

Life & Health Insurance Exam Prep Questions and Answers 100% Pass Basic Medical Expense policies - Correct Answer ️️ -Provide coverage for Hospital, Surgical and Physicians Medical Expense. -Purchased as a individual or group policy. -provide first dollar coverage (no deductibles). -limited benefit periods and low coverage limits. Major Medical Expense Policy - Correct Answer ️️ --A supplement (in addition) to Basic Medical or as a stand-alone policy. -individual or group policy...

Hawaii Insurance exam Questions and Answers 100% pass The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - Answer- 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answer- $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answe...

Hawaii Exam Questions and Answers 100% Pass Advance notice of a hearing on unfair trade practices must be at least ____ days - Answer- 15 Minimum fine for UNKNOWINGLY committing an unfair claim - Answer- $1,000 Maximum fine for UNKNOWINGLY committing an unfair claim - Answer- $10,000 KNOWINGLY committing an unfair trade act imposes ____ fine per violation - Answer- $5,000 Maximum fine for violating a cease and desist order - Answer- $10,000 Maximum fine for KNOWINGLY committing an unfair...

Hawaii Insurance exam Questions and Answers 100% pass The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - Answer- 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answer- $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answe...

Hawaii Insurance exam Questions and Answers 100% Pass The Insurance Commissioner must examine an insurer at least once every? - Correct Answer ️️ -5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - Correct Answer ️️ -15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Correct Answer ️️ -$1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive ...

Hawaii Insurance exam Questions and Answers 100% pass The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - Answer- 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answer- $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answe...

Hawaii Exam Questions and Answers 100% Pass Advance notice of a hearing on unfair trade practices must be at least ____ days - Answer- 15 Minimum fine for UNKNOWINGLY committing an unfair claim - Answer- $1,000 Maximum fine for UNKNOWINGLY committing an unfair claim - Answer- $10,000 KNOWINGLY committing an unfair trade act imposes ____ fine per violation - Answer- $5,000 Maximum fine for violating a cease and desist order - Answer- $10,000 Maximum fine for KNOWINGLY committing an unfair...

Hawaii laws, rules, and regulations all answers correct The Commissioner must examine an insurer at least once every _____ year(s). ️5 years Advance notice of a hearing must be at least _____ day(s). ️15 days How much is the minimum fine per violation for unknowingly committing an unfair act? Maximum? ️$1,000 $10,000 How much is the minimum fine for knowingly committing an unfair act? Maximum? ️$5,000 $50,000 What is the maximum fine for violating a cease and desist or...

hawaii insurance laws, rules and regulations Exam Questions and Answers 100% pass 15 days - Answer- Hearing of unfair trade practices $1,000 - Answer- Unfair trade practice per violation UNKNOWINGLY committed $10,000 - Answer- Unfair trade practice MAX FINE unknowingly committed $5,000 - Answer- Unfair trade practice Per violation KNOWINGLY committed $50,000 - Answer- Unfair trade practice MAXIMUM KNOWINGLY committed $10,000 - Answer- Unfair trade practice MAX for violating a cease and de...

Hawaii Insurance Exam Verified Solutions The Insurance Commissioner must examine an insurer at least once every? ️5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? ️15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: ️$1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: ️$5,000 The MAX fine for UNKNOWING...