Tennessee Health Insurance Exam Questions and
Answers Verified and Approved Graded 100% A++
A 63-year-old man is planning to be employed until age 68.When will he be eligible for
Medicare? - CORRECT ANSWER ✔✔ -Age 65, regardless of his employment status
A policyowner has a health insurance policy with his wife listed as the primary beneficiary. He
would like to change the primary beneficiary to his sister. Which of the following is true? -
CORRECT ANSWER ✔✔ -Unless the policy designated the current beneficiary as irrevocable,
the policyowner can make the change at any time.
According to the PPACA rules, what percentage of health care costs will be covered under a
bronze plan? - CORRECT ANSWER ✔✔ -60%
Alexander has a policy with his ex-wife as its beneficiary. What provision allows him to change
the beneficiary to his new wife? - CORRECT ANSWER ✔✔ -Change of beneficiary
All of the following are TRUE regarding key person disability income insurance EXCEPT -
CORRECT ANSWER ✔✔ -Premiums are tax deductible as a business expense.
In key person disability insurance, the contract is owned by the business, the premium is paid by
the business, and the business is the beneficiary. The key person is the insured, and the business
must have the key person's consent to be insured in writing.
, Am insurance company has published a brochure that inaccurately portrays the advantages of a
particular insurance policy. What is this an example of? - CORRECT ANSWER ✔✔ -False
advertising
Note:False advertising is the illegal practice of advertising or circulating materials that are
untrue, deceptive, or misleading.
An agent offers his client free tickets to a sporting event in exchange for the purchase of an
insurance policy. The agent is guilty of - CORRECT ANSWER ✔✔ -Rebating
An insurance producer is defined as - CORRECT ANSWER ✔✔ -A person licensed to sell
insurance
An insurance producer license may be renewed if the producer has paid the applicable fees,
submitted the renewal form to the Commissioner, and - CORRECT ANSWER ✔✔ -Completed
all continuing education requirements
And insurance pays her major medical insurance premium annually on March 1. Last March she
forgot to mail her premium to the insurance company. On March 19, she had an accident and
broke her leg. They insurance company would? - CORRECT ANSWER ✔✔ -Pay the claim
Candidates for either a Property license or a causalty license must complete how many hours of
prelicensing education? - CORRECT ANSWER ✔✔ -20
Answers Verified and Approved Graded 100% A++
A 63-year-old man is planning to be employed until age 68.When will he be eligible for
Medicare? - CORRECT ANSWER ✔✔ -Age 65, regardless of his employment status
A policyowner has a health insurance policy with his wife listed as the primary beneficiary. He
would like to change the primary beneficiary to his sister. Which of the following is true? -
CORRECT ANSWER ✔✔ -Unless the policy designated the current beneficiary as irrevocable,
the policyowner can make the change at any time.
According to the PPACA rules, what percentage of health care costs will be covered under a
bronze plan? - CORRECT ANSWER ✔✔ -60%
Alexander has a policy with his ex-wife as its beneficiary. What provision allows him to change
the beneficiary to his new wife? - CORRECT ANSWER ✔✔ -Change of beneficiary
All of the following are TRUE regarding key person disability income insurance EXCEPT -
CORRECT ANSWER ✔✔ -Premiums are tax deductible as a business expense.
In key person disability insurance, the contract is owned by the business, the premium is paid by
the business, and the business is the beneficiary. The key person is the insured, and the business
must have the key person's consent to be insured in writing.
, Am insurance company has published a brochure that inaccurately portrays the advantages of a
particular insurance policy. What is this an example of? - CORRECT ANSWER ✔✔ -False
advertising
Note:False advertising is the illegal practice of advertising or circulating materials that are
untrue, deceptive, or misleading.
An agent offers his client free tickets to a sporting event in exchange for the purchase of an
insurance policy. The agent is guilty of - CORRECT ANSWER ✔✔ -Rebating
An insurance producer is defined as - CORRECT ANSWER ✔✔ -A person licensed to sell
insurance
An insurance producer license may be renewed if the producer has paid the applicable fees,
submitted the renewal form to the Commissioner, and - CORRECT ANSWER ✔✔ -Completed
all continuing education requirements
And insurance pays her major medical insurance premium annually on March 1. Last March she
forgot to mail her premium to the insurance company. On March 19, she had an accident and
broke her leg. They insurance company would? - CORRECT ANSWER ✔✔ -Pay the claim
Candidates for either a Property license or a causalty license must complete how many hours of
prelicensing education? - CORRECT ANSWER ✔✔ -20
