Arizona life and health insurance exam Questions and answers with solutions

Arizona life and health insurance exam Questions and answers with solutions
When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to
do? ✔✔Give notice, explain, and allow opting out
Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after ✔✔9:00 PM
A health plan offered by private insurance companies is ✔✔Medicare Supplement
Chris has a single major medical contract which covers all medical expenses. His plan is considered to be
✔✔comprehensive
In accident and health insurance, 60 days must pass after written proof of loss has been received by an
insurer before the insured may ✔✔Bring legal action against the insurer
When a ten year renewable term life insurance policy issued at age 45 is renewed, the premium rate will
be the current rate for ✔✔Ten year term insurance for a person aged 55
All of the following are unfair claims settlement practices except ✔✔An attempt to settle a claim by
arbitration
What is covered under a limited accident and health insurance policy? ✔✔Limited perils and amounts
A life insurance policy provision that has the ability to reduce the death benefit is called ✔✔Accele
(living) benefit