PA Laws & Rules Questions and Answers Already Passed

PA Laws & Rules Questions and Answers Already Passed In Pennsylvania, accident and health plans are required to provide mammograms for women starting at age 40 What is the purpose of the Pennsylvania Lie and Health Insurance Guaranty Association? Provide policyowner protection if an insurer becomes insolvent A life insurance policy becomes incontestable after it has been in force for 2 years In Pennsylvania, which of the following is NOT something a licensee must do to renew their insurance license? Confirm previous exam scores Which prohibited act involves a producer spending a client's insurance premiums for his/her own personal use? Embezzlement No Long-Term Care policy may exclude pre-existing conditions for a period of more than 6 months In a long-term care policy, the right-to-examine period is 30 Days All of these are considered a form of advertising EXCEPT An insurer's A.M. Best rating In Pennsylvania, completion of continuing education is required upon license renewal for which of the following Licensed individuals qualified in major lines of insurance For licensing purposes, if an applicant has a home or office location in the state of Pennsylvania, this would be consistent with which of the following? Home State According to Pennsylvania law, which of the following is NOT considered to be personally identifiable financial information? Blind trust at that does not include names and addressees 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? 0 months In Pennsylvania, no legal action may be taken against an insurer for failure to honor a valid claim after the expiration of how many years from the time proof of loss is furnished? Three Years In order to solicit insurance in Pennsylvania, all of the following is required EXCEPT Be at least 21 years of age The commissioner has the right and duty to audit insurer financial reports and conduct market studies In accident and health plans, premiums paid less frequent than monthly require a minimum grace period of at least 31 days In Pennsylvania, HIPAA laws require that an individual's prior creditable coverage may reduce the maximum pre-existing condition exclusion period that a new group health plan can apply. This rule is applicable as long as there has been no gap in creditable coverage for a period greater than 63 days When collecting insurance premiums from a client, a producer MUST Forward premiums to the insurer on a timely basis