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| Section | Objectives |
|---|---|
| Policy Administration and Ethics | - Ethical obligations
|
| Insurance Law and Regulation (Maryland) | - Maryland Insurance Administration rules
|
| Accident and Health Insurance Basics | - Types of coverage
|
| General Insurance Principles | - Insurance concepts
|
| Health Insurance Systems | - Managed care models
|
1. An accident and health insurance producer is most likely to become liable for professional errors and omissions as the result of:
A) An accounting error discovered by the producer's accountant
B) Misleading a prospective insured in replacing accident and health insurance
C) Incorrect filing of federal income taxes
D) Submitting a premium payment to an insurer in excess of the required amount
2. In HMO coverage, all of the following services must be available 24 hours per day, 7 days per week EXCEPT:
A) Dental care
B) Primary care
C) Emergency medical care
D) In-patient hospital services
3. Which one of the following causes of loss typically is EXCLUDED under a disability income insurance policy?
A) Cancer
B) Auto accidents
C) Tropical disease
D) Intentionally self-inflicted injuries
4. An elimination period in a disability income insurance policy is the:
A) Period between the start of a disability and the beginning of benefits
B) Time during which benefits are paid under the policy
C) Same as the probationary period
D) Time period the policy is in force
5. A policy of life insurance may NOT be delivered unless the policy has a:
A) Premium coupon book
B) Financial statement of the life insurance company
C) Legible and brief description of the policy on the first page
D) Notary seal
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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