FREE AND STUDY GAMES ABOUT INSURANCE EXAM

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FREE AND STUDY GAMES ABOUT INSURANCE EXAM

QUEST Actual Qs and Ans Expert-Verified Explanation

This Exam contains:

-Guarantee passing score -21 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation Question 1: no long term care policy may exclude pre-existing conditions for a period of more than

Answer:

• months

Question 2: A Pennsylvania temporary producer license may be issued for a period not to exceed

Answer:

180 days Question 3: According to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan?

Answer:

March 23, 2010 Question 4: In Pennsylvania, accident and health plans are required to provide mammograms for women starting at age

Answer:

40

Question 5: A producer's license cannot be revoked without

Answer:

a hearing given to the producer Question 6: Which of the following is required to maintain a Producer's license in Pennsylvania

Answer:

Field underwriter who solicits insurance and earns a commission Question 7: In Pennsylvania, the Time Limit on Certain Defenses provision provides that no misstatements (EXCEPT fraud) made by the applicant on a health insurance application can be used to void the policy or deny coverage after the explanation of

Answer:

• Years

Question 8: According to the Affordable Care Act, what is the maximum amount an individual can contribute to a flexible savings account

Answer:

2500

Question 9: The free look period in a life insurance policy is usually

Answer:

10 days Question 10: in pennsylvania an insurance producer license can be denied for failure to pay

Answer:

Property Tax Question 11: Which of the following protects a policyowner from a misrepresentation caused by an innocent mistake

Answer:

Incontestable Clause

Question 12: when soliciting insurance a producer cannot

Answer:

emphasize Guaranty Association Benefits

Question 13: In Pennsylvania, the definition of total disability changes from one's "own occupation" to "any occupation" by reason of one's education, training and experience after what period of time

Answer:

24 Months Question 14: Life insurance may make an immediate benefit payment before the insured dies in which transaction

Answer:

Viatical Settlement Question 15: What is the purpose of the Pennsylvania Life and Health insurance Guaranty

Answer:

Provide policyowner protection if an insurer becomes insolvent Question 16: In Pennsylvania, an insurer may backdate policy issue not more than how many months from the date of a life insurance application

Answer:

• Months

Question 17: Holding premium funds for timely submission to the insurer is example of

Answer:

Acting in a fiduciary capacity Question 18: Within how many days must a producer report to the Commissioner any charges made against him/her

Answer:

30 days

Question 19: the medicare supplement open enrollment period is the

Answer:

• month period that begins with the month in which enrollment in part B medicare occurred, typically at

age 65

Question 20: In Pennsylvania, an employee must request spousal coverage under a group sponsored accident and health plan within ____ days of marriage

Answer:

60 days Question 21: In Pennsylvania, no Legal Action may be taken against an insurer for failure to honor a valid claim after the expiration of how many years from the time proof of loss is furnished

Answer:

• years