AD BANKER COMPREHENSIVE EXAM
2025
AD BANKER COMPREHENSIVE EXAM
2025/2026 COMPLETE verifies
QUESTIONS AND CORRECT ANSWERS
|ALREADY GRADED A+||BRAND NEW!!
The MIB obtains its information from which of the following?
A
Producer's agencies
B
Hospitals
C
Insurers
D
Physicians
Insurers
The primary purpose of the Medical Information Bureau (MIB) is to collect adverse medical
information about an applicant's health that is known to insurers to which the applicant has
previously applied for coverage.
A restricted license requires the agent to comply with all laws, complete all CE requirements and
license renewals on time for up to:
A
10 years
B
5 years
C
7 years
D
4 years
4 years
Under the California Insurance Code, a restricted license requires the agent to comply with all laws,
and complete all CE requirements and license renewals on time for up to 4 years.
The Commissioner's Annual Rate Guide must include all of the following information, except:
A
A+ TEST BANK 1
, AD BANKER COMPREHENSIVE EXAM
2025
The waiting period for preexisting conditions for each policy listed
B
The toll-free telephone number of the company that consumers can use to obtain information from
the company
C
The premium rate methodology for each policy listed meaning attained age, issue age, or community
rated
D
A listing of policies and plans (A-D, F, G, K-N) for each company that sells Medigap policies in
California, which are available for Medicare beneficiaries under age 85
D
A listing of policies and plans (A-D, F, G, K-N) for each company that sells Medigap policies in
California, which are available for Medicare beneficiaries under age 85
The Commissioner's Annual Rate Guide must include a listing of policies and plans (A-D, F, G, K-N) for
each company that sells Medigap policies in California, which are available for Medicare beneficiaries
under age 65.
Relevant Content:
Senior Needs
Under the Patient Protection and Affordable Care Act, a(n) _______ enrollment period is the length
of time during which a person may enroll in a Qualified Health Plan outside of open enrollment if a
qualifying life event, such as marriage, divorce, or the birth of a child, takes place.
A
Post
B
Qualifying
C
Special
D
Open
C
Special
Under the Patient Protection and Affordable Care Act, a special enrollment period is the length of
time during which a person may enroll in a Qualified Health Plan outside of open enrollment if a
qualifying life event, such as marriage, divorce, or the birth of a child, takes place.
Relevant Content:
Health Concepts and Tax Considerations
A+ TEST BANK 2
, AD BANKER COMPREHENSIVE EXAM
2025
What is the maximum number of Medigap policies a Medicare beneficiary can own at any one time?
A
2
B
4
C
3
D
1
D
1
An agent cannot sell a policy that duplicates the coverage benefits already provided by Medicare or
sell more than one Medigap policy to a Medicare beneficiary.
Relevant Content:
Senior Needs
Medi-Cal is:
A
A federal program administered by the federal government
B
A state program administered by the federal government
C
A state program administered by the state
D
A federal program administered by the state
D
A federal program administered by the state
Medi-Cal is a federal program administered by the state.
Relevant Content:
Senior Needs
The Payment Option that pays an income to two annuitants while both are living, and stops upon the
death of the first annuitant, is which of the following?
A
Life Income with Refund
B
Life Income Joint and Survivorship with Period Certain
A+ TEST BANK 3
, AD BANKER COMPREHENSIVE EXAM
2025
C
Joint Life
D
Life Income Joint and Survivorship
C
Joint Life
The Payment Option described is Joint Life, which pays a benefit to two annuitants while both are
living, but stops upon the death of the first annuitant rather than continuing a payment to the
surviving annuitant.
Relevant Content:
Annuities
xyz Under the PPACA, employers with more than 50 employees that don't provide an affordable
health plan that provides the minimum essential benefits will be required to pay an __________
penalty if the government has to subsidize at least one employee's individual plan purchased
through an exchange.
A
Advanced Premium Tax
B
Employee Shared Responsibility
C
Employer Shared Responsibility
D
Essential health care
C
Employer Shared Responsibility
Under the Patient Protection and Affordable Care Act, employers with more than 50 employees that
don't provide an affordable health plan the provides the minimum essential benefits will be required
to pay an Employer Shared Responsibility penalty if the government has to subsidize at least one
employee's individual plan purchased through an exchange.
Relevant Content:
Health Concepts and Tax Considerations
Under Medicare Part B, a(n) __________ outlines the covered services and approved amounts sent
to the beneficiary.
A
Explanation of Medical Benefits
A+ TEST BANK 4
2025
AD BANKER COMPREHENSIVE EXAM
2025/2026 COMPLETE verifies
QUESTIONS AND CORRECT ANSWERS
|ALREADY GRADED A+||BRAND NEW!!
The MIB obtains its information from which of the following?
A
Producer's agencies
B
Hospitals
C
Insurers
D
Physicians
Insurers
The primary purpose of the Medical Information Bureau (MIB) is to collect adverse medical
information about an applicant's health that is known to insurers to which the applicant has
previously applied for coverage.
A restricted license requires the agent to comply with all laws, complete all CE requirements and
license renewals on time for up to:
A
10 years
B
5 years
C
7 years
D
4 years
4 years
Under the California Insurance Code, a restricted license requires the agent to comply with all laws,
and complete all CE requirements and license renewals on time for up to 4 years.
The Commissioner's Annual Rate Guide must include all of the following information, except:
A
A+ TEST BANK 1
, AD BANKER COMPREHENSIVE EXAM
2025
The waiting period for preexisting conditions for each policy listed
B
The toll-free telephone number of the company that consumers can use to obtain information from
the company
C
The premium rate methodology for each policy listed meaning attained age, issue age, or community
rated
D
A listing of policies and plans (A-D, F, G, K-N) for each company that sells Medigap policies in
California, which are available for Medicare beneficiaries under age 85
D
A listing of policies and plans (A-D, F, G, K-N) for each company that sells Medigap policies in
California, which are available for Medicare beneficiaries under age 85
The Commissioner's Annual Rate Guide must include a listing of policies and plans (A-D, F, G, K-N) for
each company that sells Medigap policies in California, which are available for Medicare beneficiaries
under age 65.
Relevant Content:
Senior Needs
Under the Patient Protection and Affordable Care Act, a(n) _______ enrollment period is the length
of time during which a person may enroll in a Qualified Health Plan outside of open enrollment if a
qualifying life event, such as marriage, divorce, or the birth of a child, takes place.
A
Post
B
Qualifying
C
Special
D
Open
C
Special
Under the Patient Protection and Affordable Care Act, a special enrollment period is the length of
time during which a person may enroll in a Qualified Health Plan outside of open enrollment if a
qualifying life event, such as marriage, divorce, or the birth of a child, takes place.
Relevant Content:
Health Concepts and Tax Considerations
A+ TEST BANK 2
, AD BANKER COMPREHENSIVE EXAM
2025
What is the maximum number of Medigap policies a Medicare beneficiary can own at any one time?
A
2
B
4
C
3
D
1
D
1
An agent cannot sell a policy that duplicates the coverage benefits already provided by Medicare or
sell more than one Medigap policy to a Medicare beneficiary.
Relevant Content:
Senior Needs
Medi-Cal is:
A
A federal program administered by the federal government
B
A state program administered by the federal government
C
A state program administered by the state
D
A federal program administered by the state
D
A federal program administered by the state
Medi-Cal is a federal program administered by the state.
Relevant Content:
Senior Needs
The Payment Option that pays an income to two annuitants while both are living, and stops upon the
death of the first annuitant, is which of the following?
A
Life Income with Refund
B
Life Income Joint and Survivorship with Period Certain
A+ TEST BANK 3
, AD BANKER COMPREHENSIVE EXAM
2025
C
Joint Life
D
Life Income Joint and Survivorship
C
Joint Life
The Payment Option described is Joint Life, which pays a benefit to two annuitants while both are
living, but stops upon the death of the first annuitant rather than continuing a payment to the
surviving annuitant.
Relevant Content:
Annuities
xyz Under the PPACA, employers with more than 50 employees that don't provide an affordable
health plan that provides the minimum essential benefits will be required to pay an __________
penalty if the government has to subsidize at least one employee's individual plan purchased
through an exchange.
A
Advanced Premium Tax
B
Employee Shared Responsibility
C
Employer Shared Responsibility
D
Essential health care
C
Employer Shared Responsibility
Under the Patient Protection and Affordable Care Act, employers with more than 50 employees that
don't provide an affordable health plan the provides the minimum essential benefits will be required
to pay an Employer Shared Responsibility penalty if the government has to subsidize at least one
employee's individual plan purchased through an exchange.
Relevant Content:
Health Concepts and Tax Considerations
Under Medicare Part B, a(n) __________ outlines the covered services and approved amounts sent
to the beneficiary.
A
Explanation of Medical Benefits
A+ TEST BANK 4
