SC PEARSON VUE LIFE AND HEALTH INSURANCE EXAM
COMPREHENSIVE EXAM QUESTIONS WITH DETAILED
VERIFIED AND 100% ACCURATE ANSWERS BRAND NEW
EXAM ALREADY GRADED A+
A policyowner has ___ days after policy delivery to return a major
medical policy for a full refund. Correct Answers 10
Which of the following actions is REQUIRED by a producer who is
replacing an existing life insurance policy? Correct Answers Submit to
the replacing insurer a list of the policies to be replaced
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? Correct Answers
0 months
In South Carolina, health policies that are paid less-frequent than
monthly must provide a grace period of at least Correct Answers 7 days
A Fraternal Benefit Society has each of the following characteristics
EXCEPT Correct Answers Exists For profit
Long-term care insurance and Medicare Supplement plans have a free-
look period of ___ days. Correct Answers 30
Long-term care insurance provides Correct Answers one or more
diagnostic, preventive, therapeutic, rehabilitative, maintenance, or
, personal care services in a setting other than an acute care unit of a
hospital
An insurance producer is BEST described as someone who Correct
Answers sells, solicits, or negotiates insurance contracts for
compensation on behalf of an insurer
A non-authorized insurance company Correct Answers is not protected
by the Guaranty Fund
Defamation can be BEST described as Correct Answers making a
statement that is false or maliciously critical of the financial condition of
an insurer
A producer must report to the Director any administrative action or
criminal charges taken against the producer within __ days. Correct
Answers 30
A producer who is licensed in South Carolina but resident in another
state is called a Correct Answers nonresident producer
If a producer has broken a state insurance statute, the Director may issue
a cease and desist order. This order demands that the producer Correct
Answers stop engaging in the act
COMPREHENSIVE EXAM QUESTIONS WITH DETAILED
VERIFIED AND 100% ACCURATE ANSWERS BRAND NEW
EXAM ALREADY GRADED A+
A policyowner has ___ days after policy delivery to return a major
medical policy for a full refund. Correct Answers 10
Which of the following actions is REQUIRED by a producer who is
replacing an existing life insurance policy? Correct Answers Submit to
the replacing insurer a list of the policies to be replaced
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? Correct Answers
0 months
In South Carolina, health policies that are paid less-frequent than
monthly must provide a grace period of at least Correct Answers 7 days
A Fraternal Benefit Society has each of the following characteristics
EXCEPT Correct Answers Exists For profit
Long-term care insurance and Medicare Supplement plans have a free-
look period of ___ days. Correct Answers 30
Long-term care insurance provides Correct Answers one or more
diagnostic, preventive, therapeutic, rehabilitative, maintenance, or
, personal care services in a setting other than an acute care unit of a
hospital
An insurance producer is BEST described as someone who Correct
Answers sells, solicits, or negotiates insurance contracts for
compensation on behalf of an insurer
A non-authorized insurance company Correct Answers is not protected
by the Guaranty Fund
Defamation can be BEST described as Correct Answers making a
statement that is false or maliciously critical of the financial condition of
an insurer
A producer must report to the Director any administrative action or
criminal charges taken against the producer within __ days. Correct
Answers 30
A producer who is licensed in South Carolina but resident in another
state is called a Correct Answers nonresident producer
If a producer has broken a state insurance statute, the Director may issue
a cease and desist order. This order demands that the producer Correct
Answers stop engaging in the act
