Study guides, Class notes & Summaries

Maryland life and health insurance exam questions and answers already passed Which of the following regulates the quality of care provided by a health maintenance organization (HMO)? Secretary of the department of health and mental hygiene. A marketing system, which utilizes mass media advertising and mail, instead of a producer, is called an blank, blank marketing system. Direct response An insurer is life insurance premium rate must be the same for all individuals In the same risk class wit...

Maryland Life and Health Insurance Practice Exam Questions and Answers Graded A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called - Correct Answer ️️ - Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? - Correct Answer ️️ -30 Under an adjustable life insurance policy, these may be changed without further writing - Correct Answer ️️...

In what part of an insurance policy or policy benefits found? Correct Answer: Declarations Twisting Correct Answer: The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she dies 15 years after the policy inception date, how will her beneficiary receive? Correct Answer: Nothing Which of these factors would and ensure consider ...

The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answer: the period of coverage, the payment period, and the plan of coverage How long do most states allow an insur...

The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answer: the period of coverage, the payment period, and the plan of coverage How long do most states allow an insur...

In what part of an insurance policy or policy benefits found? Correct Answer: Declarations The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Correct Answer: Twisting Nothing Correct Answer: Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she dies 15 years after the policy inception date, how will her beneficiary receive? Average age Correct Answer: Which of these fac...

1 MARYLAND LIFE AND HEALTH INSURANCE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answ...

1 MARYLAND STATE EXAM LIFE INSURANCE LICENSE PRACTICE | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ In what part of an insurance policy or policy benefits found? Correct Answer: Declarations Twisting Correct Answer: The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she dies 15 years after the policy i...

1 MARYLAND LIFE AND HEALTH INSURANCE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answ...

1 MARYLAND STATE EXAM LIFE INSURANCE LICENSE PRACTICE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ In what part of an insurance policy or policy benefits found? Correct Answer: Declarations The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as Correct Answer: Twisting Nothing Correct Answer: Shirley has $500,000 10-year-old son nonrenewable level term life policy. If she di...