Chapter 16 State Portion: Specific To Accident And Health Insurance
- 1.How many days must an insured provide, prior to the termination of their insurance contract?
- A.
5 days
- B.
10 days
- C.
15 days
- D.
20 days
- 2.Barbara pays her $75.00 premium every week. What is her Grace Period?
- A.
15 days
- B.
10 days
- C.
30 days
- D.
7 days
- 3.A producer must complete 24 hours of Continuing Education Credits in order to renew their license. How many of those credits must include Ethics?
- A.
2
- B.
3
- C.
5
- D.
None
- 4.John willfully failed to provide evidence requested by the Commissioner. If convicted of a misdemeanor, what fine may John be subject to pay?
- A.
$500.00
- B.
$1000.00
- C.
$300.00
- D.
$100.00
- 5.Within what time frame must an insured give written notice regarding a claim?
- A.
10 days
- B.
5 days
- C.
15 days
- D.
20 days
- 6.Newborn children are automatically covered fro:
- A.
30 days
- B.
10 days
- C.
15 days
- D.
20 days
- 7.When can Medicare Supplement policies are marketed if they limit coverage by a medical condition?
- A.
Never
- B.
When disclosed to the Governor
- C.
When approved by the Commissioner
- D.
When approved by the executive officer
- 8.How does the Commissioner achieve his or her job?
- A.
Elected by the public
- B.
Appointed by the majority
- C.
Elected by the Government representatives
- D.
Appointed by the Governor
- 9.What is the Free Look period for Medicare Supplement policies?
- A.
10 days
- B.
15 days
- C.
20 days
- D.
30 days
- 10.Jim pays his premium monthly. What is his Grace Period?
- A.
7 days
- B.
30 days
- C.
31 days
- D.
10 days
- 11.Mary is medically uninsurable. Which of the following would be able to offer her coverage?
- A.
Maryland Health insurance Plan
- B.
Maryland Division of Care
- C.
Maryland Supplemental Program
- D.
Maryland Contributory Plan
- 12.An HMO provides Health services to members known as:
- A.
Subscribers
- B.
Participants
- C.
Patients
- D.
Providers
- 13.Harold is not satisfied with his policy, and he wants a refund. Within how many days from receiving his policy, can Harold surrender it for a refund?
- A.
5 days
- B.
Immediately
- C.
10 days
- D.
20 days
- 14.Carl’s policy lapsed. Which of the following would reinstate his policy?
- A.
Carl’s insurance company accepted his late payment
- B.
Carl sent a written notice regarding his late payment
- C.
Carl was issued a reinstatement application
- D.
Carl contacted his agent
- 15.What is a party that renders services from an insurance contract called?
- A.
Insurance Carrier
- B.
Insured
- C.
Eligible
- D.
A Participant
Questions: 100 | Attempts: 3986 | Last updated: Mar 22, 2022
-
Sample QuestionWhich of the following is not one of the 12 required provisions for healthinsurance policies set forth by the NAIC?
Questions: 25 | Attempts: 22482 | Last updated: Mar 22, 2022
-
Sample QuestionMedical payments under a homeowners policy are available for expenses resulting from an injury to which of the following?
Questions: 26 | Attempts: 20934 | Last updated: Mar 22, 2022
-
Sample QuestionIn disability insurance, the period of time between when the disability started and the commencement of benefits is the:
Back to top