Chapter Exam: West Virginia Life and
Health Laws and Rules
How does the West Virginia Insurance Commissioner attain office? - Answer-Gubernatorial appointment
Newborn children must initially be provided health coverage for ____ days. - Answer-31
Pre-existing conditions may be excluded on a Medicare Supplement policy for up to - Answer-6 months
The waiting period for pre-existing conditions on Medicare Supplement policies is ___months. - Answer-
6
To continue health coverage for a newborn, the policyowner must notify the insurer of birth and provide
the first premium payment within ___ days of birth. - Answer-31
Which of the following is an organization that provides health services on a prepaid basis? - Answer-
Health Maintenance Organization
In West Virginia, how may the Insurance Commissioner penalize a producer for an insurance law
violation? - Answer-A fine, only after a hearing
J is a producer who has induced an insured through misrepresentation to surrender an existing
insurance policy. What is J guilty of? - Answer-Twisting
Once the Insurance Commissioner makes a ruling after a hearing, an insured or insurer may request a
rehearing within ___ days. - Answer-30
, Which statement must be included on the first page of an Accident Only policy? - Answer-This is an
Accident Only policy and it does not pay benefits for loss from sickness
While taking an application for an Accident and Sickness (A&S) policy, a producer must list any other
health insurance policies they have sold to the applicant if the sale involves - Answer-
While taking an application for an Accident and Sickness (A&S) policy, a producer must list any other
health insurance policies they have sold to the applicant if the sale involves - Answer-replacement
A group life insurance policy insured may assign up to _____ of the insured's coverage. - Answer-100%
S the producer charged a fee for placing an insurance policy. Under West Virginia law, S must - Answer-
report the placement to his primary insurer
A labor union must have at LEAST ___ members to be issued a group life policy. - Answer-25
A life insurance policyowner recently died. The proceeds from this policy are NOT exempt from a
creditor's claims when they are payable to - Answer-the insured's estate
A ______ ______ is the signed document that starts the free-look period. - Answer-delivery receipt
The act of an insurance company publishing misleading information about its policy's provisions is called
- Answer-false advertising
According to West Virginia law, a Group Life insurance policy requires at LEAST ___ insureds. - Answer-
two
Health Laws and Rules
How does the West Virginia Insurance Commissioner attain office? - Answer-Gubernatorial appointment
Newborn children must initially be provided health coverage for ____ days. - Answer-31
Pre-existing conditions may be excluded on a Medicare Supplement policy for up to - Answer-6 months
The waiting period for pre-existing conditions on Medicare Supplement policies is ___months. - Answer-
6
To continue health coverage for a newborn, the policyowner must notify the insurer of birth and provide
the first premium payment within ___ days of birth. - Answer-31
Which of the following is an organization that provides health services on a prepaid basis? - Answer-
Health Maintenance Organization
In West Virginia, how may the Insurance Commissioner penalize a producer for an insurance law
violation? - Answer-A fine, only after a hearing
J is a producer who has induced an insured through misrepresentation to surrender an existing
insurance policy. What is J guilty of? - Answer-Twisting
Once the Insurance Commissioner makes a ruling after a hearing, an insured or insurer may request a
rehearing within ___ days. - Answer-30
, Which statement must be included on the first page of an Accident Only policy? - Answer-This is an
Accident Only policy and it does not pay benefits for loss from sickness
While taking an application for an Accident and Sickness (A&S) policy, a producer must list any other
health insurance policies they have sold to the applicant if the sale involves - Answer-
While taking an application for an Accident and Sickness (A&S) policy, a producer must list any other
health insurance policies they have sold to the applicant if the sale involves - Answer-replacement
A group life insurance policy insured may assign up to _____ of the insured's coverage. - Answer-100%
S the producer charged a fee for placing an insurance policy. Under West Virginia law, S must - Answer-
report the placement to his primary insurer
A labor union must have at LEAST ___ members to be issued a group life policy. - Answer-25
A life insurance policyowner recently died. The proceeds from this policy are NOT exempt from a
creditor's claims when they are payable to - Answer-the insured's estate
A ______ ______ is the signed document that starts the free-look period. - Answer-delivery receipt
The act of an insurance company publishing misleading information about its policy's provisions is called
- Answer-false advertising
According to West Virginia law, a Group Life insurance policy requires at LEAST ___ insureds. - Answer-
two
