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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

SectionObjectives
State Law and Regulations- Insurance producer regulations
  • 1. Licensing requirements
    • 2. Ethics and fiduciary duties
      Accident and Health Insurance- Health insurance types
      • 1. Long-term care insurance
        • 2. Disability income insurance
          • 3. Medical expense insurance
            - Policy provisions
            • 1. Coordination of benefits
              • 2. Exclusions and limitations
                General Insurance Concepts- Insurance principles and risk management
                • 1. Risk types and management methods
                  • 2. Insurance contract fundamentals
                    Life Insurance- Policy provisions and riders
                    • 1. Beneficiaries and settlements
                      • 2. Policy loans and dividends
                        - Life insurance policies
                        • 1. Universal life insurance
                          • 2. Whole life insurance
                            • 3. Term life insurance

                              Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:

                              Which of the following is NOT a mandated benefit in Maryland?

                              • A. Treatment of mental illness
                              • B. Treatment of substance abuse
                              • C. Hearing aids for children
                              • D. Weight reduction programs
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                              What might be considered an unfair claims settlement practice?

                              • A. Offering compromise settlements when facts are in question
                              • B. Failing to promptly investigate and settle legitimate claims
                              • C. Compelling insureds to litigate claims where a real coverage dispute exists
                              • D. Denying coverage for claims after a timely investigation
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                              A transaction in which an existing annuity contract is terminated and a new one is issued is called:

                              • A. Replacement
                              • B. Conversion
                              • C. Continuation
                              • D. Reinstatement
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                              Prescription drug plans sometimes control expenses by encouraging the use of:

                              • A. Federally approved drugs
                              • B. Generic drugs
                              • C. Brand-name drugs
                              • D. Legend drugs
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                              Misrepresenting pertinent policy provisions relating to coverages after a loss is:

                              • A. An unfair discrimination between individuals
                              • B. An unfair claim settlement practice
                              • C. A violation of the principle of adhesion
                              • D. A concealment in insurance applications
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

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