California Laws and Ethics Pertinent to Insurance(15) Questions and Answers(A+ Solution guide)

The cost of services charged by the Health Insurance Counseling Advocacy Program (HiCap) is $25 per appointment - Answer-no cost Which of the following acts is NOT a Federal offense committed by an insurance agent? - AnswerMisrepresentation on an insurance application The California Life and Health Insurance Guarantee Association covers all of these types of policies EXCEPT Whole life - Answer-Self-funded plans Which of the following is NOT a primary objective of insurance regulation? - Answer-Interpret policy provisions Both the Federal and state governments jointly finance which health insurance entitlement program? - Answer-Medi-Cal What type of license is required for an individual who charges a fee to review an insured's existing life insurance policy? - Answer-Life and disability analyst" Which of the following is NOT an accurate description of Access for Infants and Mothers Program (AIM)? - Answer-only women who have private insurance plans with a maternity-only deductible or copayment greater than $1,500 are eligible" In California, an insurer organized under the state laws of Oregon is called a(n) - Answer-foreign insurer Which entity has jurisdiction over health care coverage providers? - Answer-Department of Insurance". Which word implies permissiveness according to the California Insurance Code? - Answer-MayWhat does the term "illustration" mean when used in the phrase "life insurance policy illustration", according to the California Insurance Code? - Answer-Presentation of policy features that includes non-guaranteed elements When selling a long term care insurance rider to an applicant, a life agent must take into consideration all of these factors EXCEPT - Answer-Attending physician's statement