South Carolina Laws and Rules Questions and Answers Already Passed

South Carolina Laws and Rules Questions and Answers Already Passed An insurance producer is BEST defined as someone who sells, solicits, or negotiates insurance contracts for compensation on be behalf of a client sells, solicits, or negotiates insurance contracts for compensation on behalf of an insurer offers to examine any policy (for a fee) for the purpose of giving advice or recommendations Investigates insurance claims to determine the extent of the insurer's liability sells, solicits, or negotiates insurance contracts for compensation on behalf of an insurer All Health Benefit Plans issued after January 1, 2014 must provide long-term care dental care adult vision care preventative health services preventative health services A producer does NOT have a fiduciary responsibilty to applicants insureds insurers the South Carolina Guaranty Association the South Carolina Guaranty Association The branch of dentistry which deals with the replacement of missing parts is called Endodontics Periodontics Orthodontics Prosthodontics Prosthodontics A Medicare Supplement policy may be cancelled for which of the following reasons? Claims exceed specified loss-ratio percentage Non-payment of premium End stage renal disease diagnosis Prescription drgu cost exceeds the "donut hole threshold" Non-payment of premium If a producer has broken a state insurance statute, the Director may issue a cease and desist order. This order demands that the producer be incarcerated stop engaging in the act pay a fine have his/her appointment terminated stop engaging in the act Tia the producer is recommending to a prospect that an existing life insurance policy be replaced with a new one from her insurer. If this transaction moves forward, which of the following does NOT need to be provided to the prospect at or before the policy is delivered? Notice Regarding Replacement Replacing insurer's financial statements Buyer's Guide Policy Summary Replacing insurer's financial statements Which of these is NOT subject to false advertising regulations? Gifts Brochures Billboards Letters Gifts Barry the producer offers Chris his mountain cabin for the weekend to secure his order for his insruance business. This is an example of