Pearson VUE Questions with Correct
Answers Graded A Guaranteed Pass
A company must be responsible for any act of boycott of the company if? - Answer -they approve
to such act.
A correct statement about the regulatory authority of the commissioner is that the commissioner may? -
Answer -establish guidelines for continuing education as a part of the producer license renewal
procedure.
a doctor who is receiving disability income benefits is not able to return to work full time. What policy
allows doctor to receive benefits? - Answer -residual or occupational clause? don't quote me
A domestic insurance company is defined as - Answer -an insurance company that has gotten its
license to operate in a particular state.
A limited insurance rep may sell what insurance? - Answer -limited travel, credit life, mortgage
guaranty insurance, personal property insurance, crop hail insurance and title insurance
A person may sell, solicit, or negotiate on behalf of insurer immediately after when? - Answer -
receiving state license
A self-employee becomes totally disabled and receives disability insurance how taxes much can be taken
out - Answer -?
a type of health contract that allows remaining partners to buy out interests is known as -
Answer -Disability Buy-Sell
ACA (affordable care act) essential health benefits requires? - Answer -non grandfathered health
plans in the individual and small group markets to cover essential health benefits.
According to Tennessee insurance statute what is the dollar amount an insurance producer can give an
unlicensed employee? - Answer -not to exceed $25
after expiration cobra laws what is correct about an employee who quits the job and wants to convert -
Answer -She does NOT need to provide evidence of insurability.
an insured who has disability income forgot to pay premium if they file the insurance will most likely -
Answer -get a cancellation notice, 30 day grace period
basic cancer plans pay for all except - Answer -physical therapy
Commissioner of insurance is able to suspend or revoke a license except when? - Answer -a
licensee defaults on a personal loan