a producers secretary who solicits prospects on the telephone

How to take legal action against an insurance company. A separate converted policy may, at the option of the insurance company, be issued to cover a (n). Which of the following areas do error commonly occur on applications and for which the incontestable clause does NOT apply? If a subscriberchooses a primary care physician outside of the network, the subscriber willlikely pay, Medicareprovides coverage for each of the following EXCEPT. Life insurance policies will. Which of the following is NOT considered to be an act of fraud? Over the course of a year, which premium payment mode is most expensive? After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms? Determine financial strength of an insurance company, As classified by the Adorable Care Act (ACA), a silver plan offers. This is an unlawful practice known as, must be delivered with or prior to policy delivery. A producer's secretary who solicits prospects on the telephone, When a producer is replacing an existing ordinary life insurance policy, the producer must take all of the following actions EXCEPT, In Maryland, a full-time employee of a small employer MUST work an average of at least _____ per week, A producer may begin to solicit insurance ONLY when. The right-to-examine period in Maryland for long-Term Care polices is ___ days. A hospital or medical expense policy will typically cover dental treatment expenses under which circumstance? Howdoes one become eligible for part D: Prescription Drug Coverage? Anapplicants character and personal habits can be obtained for underwritingpurposes from which source? If the company debited Accounts Receivable and credited Sales for $600,000 during the year, what is the total amount of credits recorded in Accounts Receivable during the year? Which settlement option pays a stated amount toan annuitant, but no residual value to a beneficiary? B.Canceling a term life policy to buy a whole life policy. A producer's secretary who solicits prospects on the telephone: a) is an example of the illegal act called twisting . A policyowner suffers an injury that renders him incapable of performing one or more important job duties. B.Change must be initialed by the applicant. D.In the event of employment termination, group health insurance can be kept if the employer pays the premium. The face amount will remain constant and thepremium will increase over the 10-year period, C. The Premium will remain constant and the faceamount will increase over the 10-year period. Which of the following may be used as continuation education credit? Whatis the primary reason for buying an annuity? This type of agreement is called a, The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as, An advertisement for an insurance product may contain, Signing a prospect's name without their knowledge or presence. This illustration MUST disclose that. Whichof the following is a requirement for ANY change in an insurance application? Julie has a $100,000 30-year mortgage on her new home. Whichof these will have the highest monthly payout upon Annuitization? Whichphase is this annuity in? If a producer has been engaged in an administrative action by any governmental agency, within how many days following the final deposition must the producer report the action to the Commissioner? Which of these premium payment frequencies is not typically available to a policy owner? She would like to borrow $15,000 against the cash value. The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to asA)twistingB)subrogationC)a life settlementD) coercion. Which law do all insurers and their producers need to comply with? Jim recently sold his whole life insurance policy under a critical settlement contract. Upon delivery, she may be expected to collected all of the followingEXCEPT a(n), B. Signedimpairment rider acknowledgement, C. Modifiedapplication with a new signature, Oneof the most important considerations when replacing health insurance would bethe. When an insured has a major medical plan with first dollar coverage, how does this impact the benefits paid? Who is eligible for insurance under a group policy issued to a labor union? All of these are standard exclusions found in a life insurance policy EXCEPT. To be classified as a small employer in Maryland, and employer must employ, Secretary of the Department of Health and Mental Hygiene. A life insurance replacement gives the policyowner the right to return the policy for a 100% refund within _____ days of policy delivery, A producer MUST maintain insurance transaction records for a minimum of ____ years. Which dividend option would an insurer invest the policyowner's money and add any interest earnings as the dividends accrue? Her agent submitted the information to the insurance company on April 6. Arollover from a Traditional IRA to another IRA must be done within __ days toavoid tax consequences. A. Collectinga premium for insurance that is not provided. Upon receiving a producer complaint, the Commissioner may immediately A producer may begin to solicit insurance ONLY when, A.) How long must a life insurance policy be in effect before the policyowner may use the nonforfeiture provision? cuanto gana un pintor de autos en estados unidos . Which of the following is true concerning the proceeds of a life insurance policy? Eventually, they retire and dissolve the business. Vaginal plastic surgery is made up of two main procedures, external and . What is the required action to be taken by a Maryland licensee before operating under an assumed business name? An individual the means to replace wages. A life insurance policyowner was injured in an automobile accident which results in a total and permanent disability. Continued coverage under COBRA would be providedto all of the following EXCEPT: a. a. Mustmeet certain underwriting guidelines. At what age does the open enrollment period typically begin for Medicare Supplement coverage? How often must the Commissioner examine each domestic insurance company? Who would most likely be coveredunder Workers Compensation? 1. Both partners are still married at the time of Bob's death. Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. Selecting an insurance organization ought to be founded on a few components that can be broken into two general gatherings: How many days notice must the Commissioner give prior to a hearing? D. Assist an insurer in determine an applicantscreditworthiness. Proceeds payable under a life insurance contract to a policyowner in anticipation of death or upon the occurrence of specified life-threatening conditions as defined by the policy are best described as: A temporary producer license in Maryland is valid for up to. Frank is shopping for a disability income policy. Employee must be able to make unlimited contributions. Sonya applied for a health insurance policy on April 1. What may be the result of replacing an existing life insurance policy with a new one? Bob dies 12 months later. In New Jersey, group health insurance may be offered to all of these groups EXCEPT. What happens to the coverage under a children's term rider when that child reaches a certain specified age? B.) B. Anytimewithin 12 months after date of purchase, C. Aminimum of 6 months after date of purchase, D. Aminimum of 12 months after date of purchase. Whichscenario would most life insurance policies exclude coverage for? Who is required to notify the producer in the event of appointment termination? a producers secretary who solicits prospects on the telephone. 5511. Which of these if NOT considered a form of life insurance advertisement? ashlyn 72" ladder bookcase / la montagne jean ferrat partition piano pdf / a producers secretary who solicits prospects on the telephone. by recommending insurers with good AM Best ratings, C.) With guidelines regarding credit reporting and distribution. Which of the following statements is TRUE? A Medicare supplement policy can be cancelled by the insurer for: Maria the insurance producer completes a sale by collecting the required signatures on the application and obtaining the initial premium. Which of the following unfair trade practices involves a producer who makes public malicious statements about an insurer's financial condition? & \text{Ending}& \text{Beginning} & \\ If he files an application for renewal before the expiration date, his license will, A Medicare Supplement policy can be cancelled by the insurer for, Recording the receipt and distribution of premiums due to an insurer is considered a producer's _________ responsibility. How long is the Contestable Period for health insurance policies sold in New Jersey? When are group disability benefits considered to be tax-free to the insured? Maryland requires that a licensee completes ______ hours of continuing education on the subject of ethics every reporting period. After 15 years, the cash value has accumulated to $100,000 and the police's face amount has become $600,000. The common disaster provision states the insurer will continue as if, Carmen's individual life insurance policy has recently lapsed. What is the MINIMUM benefit period that must be offered by a Long-Term Care policy? Whichof these benefit options would he choose? the daily amount paid for nursing home care, All long-term care policies sold in North Dakota are REQUIRED to pay the SAME daily benefit amount for "at home" care as paid for. Since each partner contributes an important element to the success of the business, they decide to take life insurance policies out on each other, and name each other as beneficiaries. How often must an insurance producer's license in Maryland be renewed? Submit to the replacing insurer a list of the policies to be replaced. Change must be initialed by the applicant, A producer who sells an individual life insurance policy in New Jersey MUST deliver to the policyowner. Maria is a Preferred Provider Organization (PPO) subscriber and received care from an out-of-network provider. Howare annuities given favorable tax treatment? Healthinsurance will typically cover which of the following perils? B. Which of the following is the likely result? An individual can enroll in a Part C Medicare Advantage Plan at what time? The policy's effective date is earlier than the present, A Renewable Term Life insurance policy can be renewed, At a predetermined date or age, regardless of the insured's health, A producer's secretary who solicits prospects on the telephone. On which date would Sonya have coverage? Whoregulates the quality of care provided by a health maintenance organization(HMO), a. Secretaryof department of health and mental hygiene, b. NationalAssociation of insurance commissioners, A.Secretary of the department of health and mental hygiene. d. Alump sum payment upon first diagnosis of cancer, heart attack, or stroke. \text{Income taxes payable} & \hspace{13pt}25,000 & \hspace{13pt}28,000 \\ Which of the following life events would allow an uninsured employee to qualify for special enrollment in a small employer health benefit plan? Which of the following is NOT a required provision in an accident and health insurance policy? A producer is meeting with a client to determine whether an annuity would be suitable for purchase. Policyowners from misrepresentations and loss of benefits, Replacement regulation is designed to protect, A producer must notify the Commissioner within _____ days of a felony conviction, Dependent children under a health insurance plan must be provided coverage up to age, written authorization from the proposed insured, Prior to conducting an HIV-related test, the insurer must obtain, An insurance producer agrees to pay the first monthly premium for an insurance applicant. Which of these will typically authorize treatment from a specialist? What is the purpose of having an accelerated death benefit on a life insurance policy? Howsoon can the benefit payments begin with a deferred annuity? \\ Underthe Maryland health insurance plan, comprehensive health benefits are providedto. Howdo interest earnings accumulate in a deferred annuity? Insurance producer Kelly offers an insured a $500 shopping card if an insurance product is purchased through her. The ____of coverage describes policy features, benefits, exclusions and riders in a long-term care policy. Which of the following is NOT a circumstance to which a temporary producer license can be issued? B. Converting a group plan to permanent lifeinsurance requires: D. The conversion being applied for within 31 daysof termination. Mark continues working after the age of 65 and is covered through his employer's group health plan. What is created after policy proceeds areobtained in a lump sum and then immediately invested? A. With a usual, customary, and reasonable fee, Which of these is NOT a qualifying event for Medicare, A. Whowere Keogh Plans designed to provide pension benefits for? Jay the producer is giving insurance advice regarding a prospect's existing coverage. Premium mode is term used to describe the: The Fair Credit and Reporting Acts main purposeis to: A. Intereston death benefits are NOT required to be paid by an insurance company as longas proceeds are paid within __ after the date of the death of the insured. The exceptions, reductions, and limitations affecting the basic provisions of the policy, Any advertisement that mentions a dollar amount, period of time for which any benefit is payable, cost of policy, policy benefit, or the loss for which the benefit is payable MUST disclose.

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