Colorado Health Insurance Exam |
Questions and Verified Answers |
100% Correct ()
Question:
A group policy issued to a newspaper or other publisher to cover its carriers is
referred to as which of the following types of policies?
A.Salary Continuation
B.Structured Settlement
C.Disability
D.Blanket A & H
Answer:
D
Question:
An individual may obtain a temporary insurance producer's license without
passing the licensing examination if the individual:
A.is a deceased licensed producer's next of kin
B.is taking insurance courses at a university
C.has met the minimum experience requirement
D.holds a license in another state
,Answer:
A
Question:
An insurance producer who makes false statements that harm the reputation
of another insurer is guilty of:
A. discrimination
B. defamation
C. misrepresentation
D. controlled business
Answer:
B
Question:
Credit A & H insurance MUST provide coverage for a loss caused by:
A.disability
B.accidental death
C.temporary layoff
D.voluntary unemployment
Answer:
A
,Question:
Which of the following statements is prohibited in A & H insurance
advertisements?
A."This is an introductory offer."
B."This plan is accredited by an agency of the federal government."
C. "The amount of benefits provided depends upon the plan selected."
D. "Coverage will continue as long as premiums are paid and the plan remains
in force."
Answer:
B
Question:
When taking an application for a Medicare Supplement policy, a producer
must provide the applicant with:
A. an Outline of Coverage
B. a sample policy
C. a copy of the Medicare handbook
D. a copy of the insurer's annual report
Answer:
A
Question:
In order for nonresident applicants to be eligible for an insurance producer
license in this state, they MUST:
, A.reside less than twenty-five miles from the state border
B.hold a like license in another state
C.plan to move to this state within six months after they submit their
application
D.maintain an office in this state
Answer:
B
Question:
An individual appointed by an insurer to solicit applications for a policy of
insurance on its behalf is known as:
A.an adjuster
B.a consultant
C.an insurance broker
D.an insurance producer
Answer:
D
Question:
The major difference between a mutual insurer and a stock insurer is the:
A. number of producers each is permitted to license
B. size of the cash reserves each is required to maintain
C. type of policies each markets
Questions and Verified Answers |
100% Correct ()
Question:
A group policy issued to a newspaper or other publisher to cover its carriers is
referred to as which of the following types of policies?
A.Salary Continuation
B.Structured Settlement
C.Disability
D.Blanket A & H
Answer:
D
Question:
An individual may obtain a temporary insurance producer's license without
passing the licensing examination if the individual:
A.is a deceased licensed producer's next of kin
B.is taking insurance courses at a university
C.has met the minimum experience requirement
D.holds a license in another state
,Answer:
A
Question:
An insurance producer who makes false statements that harm the reputation
of another insurer is guilty of:
A. discrimination
B. defamation
C. misrepresentation
D. controlled business
Answer:
B
Question:
Credit A & H insurance MUST provide coverage for a loss caused by:
A.disability
B.accidental death
C.temporary layoff
D.voluntary unemployment
Answer:
A
,Question:
Which of the following statements is prohibited in A & H insurance
advertisements?
A."This is an introductory offer."
B."This plan is accredited by an agency of the federal government."
C. "The amount of benefits provided depends upon the plan selected."
D. "Coverage will continue as long as premiums are paid and the plan remains
in force."
Answer:
B
Question:
When taking an application for a Medicare Supplement policy, a producer
must provide the applicant with:
A. an Outline of Coverage
B. a sample policy
C. a copy of the Medicare handbook
D. a copy of the insurer's annual report
Answer:
A
Question:
In order for nonresident applicants to be eligible for an insurance producer
license in this state, they MUST:
, A.reside less than twenty-five miles from the state border
B.hold a like license in another state
C.plan to move to this state within six months after they submit their
application
D.maintain an office in this state
Answer:
B
Question:
An individual appointed by an insurer to solicit applications for a policy of
insurance on its behalf is known as:
A.an adjuster
B.a consultant
C.an insurance broker
D.an insurance producer
Answer:
D
Question:
The major difference between a mutual insurer and a stock insurer is the:
A. number of producers each is permitted to license
B. size of the cash reserves each is required to maintain
C. type of policies each markets
