XCEL CHAPTER 11 - LAWS AND RULES
EXAM 2025 QUESTIONS AND ANSWERS
Violations of US Code Title 18 section 1033, may result in - ANS Fine and/or imprisonment
What are the levels of coverage as defined by the Affordable Care Act? - ANS Bronze, Silver,
Gold, and Platinum
A(n) _________ company is owned exclusively by shareholders. - ANS stock
All of these are considered a form of advertising EXCEPT - ANS an insurer's A.M. Best rating
Group dental plans will frequently place a limit on annual benefits in order to minimize -
ANS adverse selection
Which of the following does restorative dental treatment cover? - ANS Crowns
Which of the following is required to maintain a producer's license in Pennsylvania? -
ANS Field underwriter, who solicits insurance and earns a commission
Which of the following is required for an insurer to conduct business in this state? -
ANS Certificate of Authority
Producers must complete a total of ____________ of Continuing Education credits for each
two-year licensing period. - ANS 24
1 @COPYRIGHT THEBRIGHT 2025/2026
,In Pennsylvania, a producer may have license revoked for which of the following acts? -
ANS Signing a prospect's name without their knowledge or presence
All of the following may be an unfair claims practice EXCEPT - ANS Denying an insured's
fraudulent claim.
Violating Pennsylvania insurance law may result in which of the following Insurance
Department actions? - ANS Issuance of a cease and desist order after a hearing
A domestic insurance company in Pennsylvania MUST - ANS be formed under Pennsylvania
insurance laws
Charging a client less premium than what is stated in their insurance policy is called - ANS a
rebate
A licensee may only sell, solicit, and negotiate insurance contracts on behalf of the -
ANS appointing insurer
For Pennsylvania Insurance Code violations, the Commissioner may assess a(n) -
ANS administrative penalty
According to Pennsylvania law, which of the following is NOT considered to be personally
identifiable financial information? - ANS Blind trust data that does not include names and
addresses
In Pennsylvania, which of the following is NOT something a licensee must do to renew their
insurance license? - ANS Confirm previous exam scores
2 @COPYRIGHT THEBRIGHT 2025/2026
, Long-term care policies sold in Pennsylvania may exclude coverage related to -
ANS substance addictions
If a Medicare Supplement policy replaces another that had been in effect for at least 6 months,
the replacing policy may impose which of the following time exclusions for pre-existing
conditions? - ANS 0 months
In Pennsylvania, who is responsible for Continuing Education (CE) course content approval? -
ANS Commissioner
As of January 1, 2014, an employer with up to 25 full time equivalent (FTE's) with average
annual wages of less than $50,000 may be eligible for a tax credit of _____ of the premiums
paid by the employer. - ANS 50%
The _______ is responsible for determining the appropriateness of a Medicare Supplement
policy for an applicant. - ANS Producer
What is the MINIMUM benefit period that must be offered by a Long-Term Care policy? -
ANS 12 months
An employer may qualify for health care tax credits through SHOP Marketplace if that employer
has fewer than how many employees? - ANS 25
A Medicare Supplement policy may be cancelled by an insurer for which of the following
reasons? - ANS Material misrepresentation
With a scheduled dental policy, how are covered expenses paid? - ANS Benefits are limited
to a specific maximum dollar amount per procedure
3 @COPYRIGHT THEBRIGHT 2025/2026
EXAM 2025 QUESTIONS AND ANSWERS
Violations of US Code Title 18 section 1033, may result in - ANS Fine and/or imprisonment
What are the levels of coverage as defined by the Affordable Care Act? - ANS Bronze, Silver,
Gold, and Platinum
A(n) _________ company is owned exclusively by shareholders. - ANS stock
All of these are considered a form of advertising EXCEPT - ANS an insurer's A.M. Best rating
Group dental plans will frequently place a limit on annual benefits in order to minimize -
ANS adverse selection
Which of the following does restorative dental treatment cover? - ANS Crowns
Which of the following is required to maintain a producer's license in Pennsylvania? -
ANS Field underwriter, who solicits insurance and earns a commission
Which of the following is required for an insurer to conduct business in this state? -
ANS Certificate of Authority
Producers must complete a total of ____________ of Continuing Education credits for each
two-year licensing period. - ANS 24
1 @COPYRIGHT THEBRIGHT 2025/2026
,In Pennsylvania, a producer may have license revoked for which of the following acts? -
ANS Signing a prospect's name without their knowledge or presence
All of the following may be an unfair claims practice EXCEPT - ANS Denying an insured's
fraudulent claim.
Violating Pennsylvania insurance law may result in which of the following Insurance
Department actions? - ANS Issuance of a cease and desist order after a hearing
A domestic insurance company in Pennsylvania MUST - ANS be formed under Pennsylvania
insurance laws
Charging a client less premium than what is stated in their insurance policy is called - ANS a
rebate
A licensee may only sell, solicit, and negotiate insurance contracts on behalf of the -
ANS appointing insurer
For Pennsylvania Insurance Code violations, the Commissioner may assess a(n) -
ANS administrative penalty
According to Pennsylvania law, which of the following is NOT considered to be personally
identifiable financial information? - ANS Blind trust data that does not include names and
addresses
In Pennsylvania, which of the following is NOT something a licensee must do to renew their
insurance license? - ANS Confirm previous exam scores
2 @COPYRIGHT THEBRIGHT 2025/2026
, Long-term care policies sold in Pennsylvania may exclude coverage related to -
ANS substance addictions
If a Medicare Supplement policy replaces another that had been in effect for at least 6 months,
the replacing policy may impose which of the following time exclusions for pre-existing
conditions? - ANS 0 months
In Pennsylvania, who is responsible for Continuing Education (CE) course content approval? -
ANS Commissioner
As of January 1, 2014, an employer with up to 25 full time equivalent (FTE's) with average
annual wages of less than $50,000 may be eligible for a tax credit of _____ of the premiums
paid by the employer. - ANS 50%
The _______ is responsible for determining the appropriateness of a Medicare Supplement
policy for an applicant. - ANS Producer
What is the MINIMUM benefit period that must be offered by a Long-Term Care policy? -
ANS 12 months
An employer may qualify for health care tax credits through SHOP Marketplace if that employer
has fewer than how many employees? - ANS 25
A Medicare Supplement policy may be cancelled by an insurer for which of the following
reasons? - ANS Material misrepresentation
With a scheduled dental policy, how are covered expenses paid? - ANS Benefits are limited
to a specific maximum dollar amount per procedure
3 @COPYRIGHT THEBRIGHT 2025/2026
