Pennsylvania State Health and Life Insurance Exam Questions and Answers Rated A+

Pennsylvania State Health and Life Insurance Exam Questions and Answers Rated A+ Which of the following must be present in all medicare supplement plans? Plan A What was created to keep telemarketers from calling consumers who do not wish to be contacted? National Do not call registry Which insurance principle states that if a policy allows for greater compensation than the financial loss incurred, the insured may only receive benefits for the amount lost? Indemnity Which of the following would not be considered an expectation to the national do not call list? Calls based from outside the United States Insurance companies may be classified according to the legal form of their ownership. The type of company organized to return any surplus money to their policyholders is A mutual insurer Which of the following is not a metal level of coverage offered under the patient protection and affordable care act? Iron A long-term care shoppers guide must be presented at what point Prior to the time of application Which of the following programs is made up of 4 parts, where the first part is paid for by FICA, and the second part is financed by premiums and payroll taxes? Medicare A person applying for a manager or exclusive general agent license must meet all of the following criteria EXCEPT Be responsible for at least 25% of total commissions collected by the office that he or she manages Which of the following is an example of a peril covered in an accident and health insurance policy? Sickness Which nonforfeiture option has the highest amount of insurance protection? Extended Term A person steps off a streetcar and trips and breaks his ankle. This type of injury can be described as Sudden and Unforeseen A domestic insurer issuing variable contracts must establish one or more Separate Accounts Which of the following best describes a misrepresentations? Issuing sales material that are exaggerated Which of the following best describes the unfair trade practice of defamation? Making derogatory oral statements about another's financial conditions The gatekeeper of an HMO helps Control Specialists costs Which of the following is not true regarding the accumulation period of an annuity It would not occur in a deferred annuity Which of the following hospice expenses would not be covered in a cost-containment setting? Antibiotics Based on Human Life Value Approach, which of the following is not used to calculate an individual's value of life? Predicted needs of the family after the insured's death What is the major difference between a stock company and