2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS AND 100% CORRECT ANSWERS (VERIFIED ANSWERS) RATED A (EXPERT VERIFIED) BRAND NEW!!

2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS
AND 100% CORRECT ANSWERS (VERIFIED ANSWERS)
RATED A (EXPERT VERIFIED) BRAND NEW!!

2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS
AND 100% CORRECT ANSWERS (VERIFIED ANSWERS)
RATED A (EXPERT VERIFIED) BRAND NEW!!
A health care provider claim may be settled using which of the following payment
methods? - ✔✔✔ CORRECT ANSWER > Fee-for-service


A health insurance policy where the insurer has the right to terminate the policy
for reason other than the insured's health is called - ✔✔✔ CORRECT ANSWER >
conditionally renewable


A life insurance policy normally contains a provision that restricts coverage in the
event of death under all of the following situations EXCEPT - ✔✔✔ CORRECT
ANSWER > fare-paying passenger


A life insurance policy that contains a guaranteed interest rate with the chance to
earn a rate that is higher than the guaranteed rate is called? - ✔✔✔ CORRECT
ANSWER > universal life


A life insurance policy that has premiums fully paid up within a stated time period
is called - ✔✔✔ CORRECT ANSWER > limited payment insurance




2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS
AND 100% CORRECT ANSWERS (VERIFIED ANSWERS)
RATED A (EXPERT VERIFIED) BRAND NEW!!

,2



A life insurance rider that allows an individual to purchase insurance as they grow
older, regardless of insurability, is called a(n) - ✔✔✔ CORRECT ANSWER >
guaranteed insurability rider


A medical provider that accepts Medicare Assignment must - ✔✔✔ CORRECT
ANSWER > accept payment based upon a defined Medicare schedule as payment
in full
A producer has committed an insurance crime that violates US Code 1033
(interstate commerce). Who would be responsible for the persecution of this
crime? - ✔✔✔ CORRECT ANSWER > US attorney general


A producers license MUST be renewed every____year(s) - ✔✔✔ CORRECT
ANSWER > 2


A renewable Term Life insurance policy allows the policyowner the right to renew
the policy - ✔✔✔ CORRECT ANSWER > without producing proof of insurability


A type of insurer that is owned by its policy owners is called - ✔✔✔ CORRECT
ANSWER > mutual



A whole life insurance policy accumulates cash value that becomes - ✔✔✔
CORRECT ANSWER > the policy loan value which the insured may borrow against




2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS
AND 100% CORRECT ANSWERS (VERIFIED ANSWERS)
RATED A (EXPERT VERIFIED) BRAND NEW!!

, 3



According to the Affordable Care Act, what metal tier is required to have an
actuarial value of 70% with covered individuals paying 30% through deductibles,
co-pays, and other cost sharing features? - ✔✔✔ CORRECT ANSWER > Silver Plan


All _____ policies must be guaranteed renewable. - ✔✔✔ CORRECT ANSWER >
long-term care


All of the following are qualifications for establishing a health savings account
(HSA) EXCEPT - ✔✔✔ CORRECT ANSWER > Enrolled in a health plan with a
prescription drug benefit

All of these are characteristics of a major medical expense policy EXCEPT - ✔✔✔
CORRECT ANSWER > elimination periods



All of these are common exclusions to a life insurance policy EXCEPT - ✔✔✔
CORRECT ANSWER > accidental health


All of these are typically sources of underwriting for life or health insurance
EXCEPT - ✔✔✔ CORRECT ANSWER > Disclosure authorization response


An endorsement found in an insurance plan which modifies the provisions of the
policy is called a(n) - ✔✔✔ CORRECT ANSWER > rider




2025 SOUTH CAROLINA INSURANCE EXAM QUESTIONS
AND 100% CORRECT ANSWERS (VERIFIED ANSWERS)
RATED A (EXPERT VERIFIED) BRAND NEW!!