Health Mississippi Insurance 2025/2026
Exam Questions and Answers | 100%
Solved
In which of the following situations is it illegal for an insurer to disclose
privileged information about an insured? - 🧠 ANSWER ✔✔A researcher for
marketing purposes
If an insurance company wishes to order a consumer report on an applicant
to assist the underwriting process, and if a notice of insurance information
practices has been provided, the report man contain all of the following
information EXCPT the applicant's - 🧠 ANSWER ✔✔Ancestry
A producer is acting in what capacity when he or she is trying to obtain
credible information about an applicant for health insurance? - 🧠 ANSWER
✔✔Field underwriting
,Which of the following entities can legally bind coverage? - 🧠 ANSWER
✔✔Insurer
An agent is ready to deliver a policy to an applicant but has not yet
received payment. Upon delivery, the agent collects the applicant's
premium check, answers any questions the applicant may have, and then
leaves. What did he forget to do? - 🧠 ANSWER ✔✔Ask her to sign a
statement of good health
Which of the below statements is FALSE regarding the process of
completing and signing an application? - 🧠 ANSWER ✔✔Only the insured
is required to sign the application.
What phase begins after a new policy is delivered? - 🧠 ANSWER ✔✔Free-
look period
Because an insurance policy is a legal contract, it must conform to the state
laws governing contracts which require all of the following elements
EXCEPT - 🧠 ANSWER ✔✔Conditions
What is a material misrepresentation? - 🧠 ANSWER ✔✔A statement by the
applicant that, upon discovery, would affect the underwriting decision of the
insurance company
, Insurance policies, the insured is not legally bound to any particular action
in the insurance contract, but the insurer is legally obligated to pay losses
covered by the policy. What contracted element does the describe? - 🧠
ANSWER ✔✔Unilateral
The Federal Fair Credit Reporting Act - 🧠 ANSWER ✔✔Regulates
consumer reports
An insurer neglects to pay a legitimate claim that is covered under the
terms of the policy. Which of the following insurance principles has the
insurer violated? - 🧠 ANSWER ✔✔Consideration
Which of the following terms most precisely fits the definition of "the
incidence or probability of sicknesses or accidents within given group of
people?" - 🧠 ANSWER ✔✔Morbidity
An insurance contract that both the insured and the insurer meet certain
conditions in order for the contract to be enforceable. What contract
characteristic does this describe? - 🧠 ANSWER ✔✔Conditional
Where would Long-term care services be rendered? - 🧠 ANSWER ✔✔A
nursing home or one's own home
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Exam Questions and Answers | 100%
Solved
In which of the following situations is it illegal for an insurer to disclose
privileged information about an insured? - 🧠 ANSWER ✔✔A researcher for
marketing purposes
If an insurance company wishes to order a consumer report on an applicant
to assist the underwriting process, and if a notice of insurance information
practices has been provided, the report man contain all of the following
information EXCPT the applicant's - 🧠 ANSWER ✔✔Ancestry
A producer is acting in what capacity when he or she is trying to obtain
credible information about an applicant for health insurance? - 🧠 ANSWER
✔✔Field underwriting
,Which of the following entities can legally bind coverage? - 🧠 ANSWER
✔✔Insurer
An agent is ready to deliver a policy to an applicant but has not yet
received payment. Upon delivery, the agent collects the applicant's
premium check, answers any questions the applicant may have, and then
leaves. What did he forget to do? - 🧠 ANSWER ✔✔Ask her to sign a
statement of good health
Which of the below statements is FALSE regarding the process of
completing and signing an application? - 🧠 ANSWER ✔✔Only the insured
is required to sign the application.
What phase begins after a new policy is delivered? - 🧠 ANSWER ✔✔Free-
look period
Because an insurance policy is a legal contract, it must conform to the state
laws governing contracts which require all of the following elements
EXCEPT - 🧠 ANSWER ✔✔Conditions
What is a material misrepresentation? - 🧠 ANSWER ✔✔A statement by the
applicant that, upon discovery, would affect the underwriting decision of the
insurance company
, Insurance policies, the insured is not legally bound to any particular action
in the insurance contract, but the insurer is legally obligated to pay losses
covered by the policy. What contracted element does the describe? - 🧠
ANSWER ✔✔Unilateral
The Federal Fair Credit Reporting Act - 🧠 ANSWER ✔✔Regulates
consumer reports
An insurer neglects to pay a legitimate claim that is covered under the
terms of the policy. Which of the following insurance principles has the
insurer violated? - 🧠 ANSWER ✔✔Consideration
Which of the following terms most precisely fits the definition of "the
incidence or probability of sicknesses or accidents within given group of
people?" - 🧠 ANSWER ✔✔Morbidity
An insurance contract that both the insured and the insurer meet certain
conditions in order for the contract to be enforceable. What contract
characteristic does this describe? - 🧠 ANSWER ✔✔Conditional
Where would Long-term care services be rendered? - 🧠 ANSWER ✔✔A
nursing home or one's own home
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
