NJ HEALTH AND ACCIDENT INSURANCE
ACTUAL 2026 COMPREHENSIVE LIFE AND
HEALTH LICENSING PREPARATION QUESTION
SET
◉ What is issued to each employee with an employer health plan?.
Answer: Certificate
◉ What is the tax liability for employer contributions in Health
Savings Accounts (HSA's)?.
Answer: No tax payment needed
◉ All of these are considered sources of information that can assist
an underwriter in determining whether or not to accept a risk
EXCEPT
Agent's report
Medical Information Bureau (MIB)
Inspection reports
National Association of Insurance Underwriters.
Answer: National Association of Insurance Underwriters
,◉ In NJ, health insurance advertisements are required to contain
the.
Answer: insurance company's name
◉ Replacement regulation is designed to protect the interests of.
Answer: Policyowners
◉ The Commissioner of Insurance is appointed by.
Answer: The governor
◉ Which type of plan would be most appropriate for an individual
on Medicare and is concerned that Medicare will NOT pay for
charges exceeding the approved amount?.
Answer: Medicare supplement plan F
◉ Which of the following is NOT a common exclusion for a medical
expense policy?
Physical therapy
Act of war
on the job injury
self inflicted injury.
Answer: Physical therapy
, ◉ Twisting is best defined as.
Answer: using misrepresentation to induce an insured person to
terminate an existing policy and purchase a new policy
◉ The reinstatement provision in a health insurance policy is.
Answer: Mandatory
◉ A producer has recently died and leaves behind a spouse. In order
for the producer's insurance business to continue, the Department
of Banking and Insurance may issue to the producer's spouse a(n).
Answer: temporary insurance license
◉ Pierre the producer receives a premium for an individual health
insurance policy. Pierre MUST remit the premium to his insurer
within ____ business days of receipt.
Answer: 7
◉ Nina just passed her NJ insurance licensing examination. She is
REQUIRED to apply for a producer's license within ____ months.
Answer: 12
◉ Which of the following MUST contain a "statement of policy cost
and benefit information"?.
ACTUAL 2026 COMPREHENSIVE LIFE AND
HEALTH LICENSING PREPARATION QUESTION
SET
◉ What is issued to each employee with an employer health plan?.
Answer: Certificate
◉ What is the tax liability for employer contributions in Health
Savings Accounts (HSA's)?.
Answer: No tax payment needed
◉ All of these are considered sources of information that can assist
an underwriter in determining whether or not to accept a risk
EXCEPT
Agent's report
Medical Information Bureau (MIB)
Inspection reports
National Association of Insurance Underwriters.
Answer: National Association of Insurance Underwriters
,◉ In NJ, health insurance advertisements are required to contain
the.
Answer: insurance company's name
◉ Replacement regulation is designed to protect the interests of.
Answer: Policyowners
◉ The Commissioner of Insurance is appointed by.
Answer: The governor
◉ Which type of plan would be most appropriate for an individual
on Medicare and is concerned that Medicare will NOT pay for
charges exceeding the approved amount?.
Answer: Medicare supplement plan F
◉ Which of the following is NOT a common exclusion for a medical
expense policy?
Physical therapy
Act of war
on the job injury
self inflicted injury.
Answer: Physical therapy
, ◉ Twisting is best defined as.
Answer: using misrepresentation to induce an insured person to
terminate an existing policy and purchase a new policy
◉ The reinstatement provision in a health insurance policy is.
Answer: Mandatory
◉ A producer has recently died and leaves behind a spouse. In order
for the producer's insurance business to continue, the Department
of Banking and Insurance may issue to the producer's spouse a(n).
Answer: temporary insurance license
◉ Pierre the producer receives a premium for an individual health
insurance policy. Pierre MUST remit the premium to his insurer
within ____ business days of receipt.
Answer: 7
◉ Nina just passed her NJ insurance licensing examination. She is
REQUIRED to apply for a producer's license within ____ months.
Answer: 12
◉ Which of the following MUST contain a "statement of policy cost
and benefit information"?.
