NJ ACCIDENT AND HEALTH 2025 LATEST FINAL
EXAM PRACTICE QUESTIONS GUARANTEED
PASS (ANSWERED)
A producer has recently died and leaves behind a spouse. In order for the
producer's insurance business to continue, the Department of Banking and
Insurance may issue to the producer's spouse a(n)
temporary insurance license
Pierre the producer receives a premium for an individual health insurance
policy. Pierre MUST remit the premium to his insurer within ____ business days
of receipt
7
Nina just passed her NJ insurance licensing examination. She is REQUIRED to
apply for a producer's license within ____ months
12
Which of the following MUST contain a "statement of policy cost and benefit
information"?
Policy Summary
The department of banking and insurance can make information pertaining to a
producers license available through
Certificate of License Status Report
Intentional withholding of material facts that would affect an insurance policy's
validity is called a(n)
Concealment
Under the NJ Continuance of Benefits law, notice to extend coverage is required
within how many days of a qualifying event?
,30
Which of the following does Medicare Part D cover?
Intensive care coverage
Doctor visits
Prescription drugs
Hospital coverage
Prescription drugs
Which of these gaps in Medicare coverage is addressed with Medicare
Supplemental Insurance?
Medicare in-hospital deductible
Under group health insurance, a certificate of coverage is issued to the
employee
Claims payable to a Disability Income insured, even when the insured can
continue to work, are the result of a
Presumptive disability
A dread disease policy is considered to be a type of
Limited health insurance policy
How often must an insurance producer's license in NJ be renewed?
every 2 years
Which type of disability would be less than total impairment and equal to
permanent impairment?
Permanent partial disability
An insurance consultant is BEST defined as a(n)
, Producer who charges fees for advice
Kathy pays a monthly premium on her health insurance policy. How long is her
grace period?
10 days
Susan is insured through her Group Health Insurance plan and changed her
coverage to an individual plan with the same insurer after her employment was
terminated. This change is called a(n)
crossover
conversion
exchange
extension of benefits
Conversion
What amount will be paid under a policy where the insured misstated his/her
age?
An amount the premium would have purchased at the correct age
The IRS allows a taxpayer to deduct medical expenses that exceed 7.5% of their
adjusted gross income. Which of the following is considered a tax deductible
medical expense under this rule?
Long term care insurance premiums
When a Medicare supplement policy is purchased during the open enrollment
period
The policy must be issued regardless of health status
In what form do disability income policies typically pay benefits?
Periodic income
What is considered to be the primary reason for buying life insurance?
Provide death benefits
EXAM PRACTICE QUESTIONS GUARANTEED
PASS (ANSWERED)
A producer has recently died and leaves behind a spouse. In order for the
producer's insurance business to continue, the Department of Banking and
Insurance may issue to the producer's spouse a(n)
temporary insurance license
Pierre the producer receives a premium for an individual health insurance
policy. Pierre MUST remit the premium to his insurer within ____ business days
of receipt
7
Nina just passed her NJ insurance licensing examination. She is REQUIRED to
apply for a producer's license within ____ months
12
Which of the following MUST contain a "statement of policy cost and benefit
information"?
Policy Summary
The department of banking and insurance can make information pertaining to a
producers license available through
Certificate of License Status Report
Intentional withholding of material facts that would affect an insurance policy's
validity is called a(n)
Concealment
Under the NJ Continuance of Benefits law, notice to extend coverage is required
within how many days of a qualifying event?
,30
Which of the following does Medicare Part D cover?
Intensive care coverage
Doctor visits
Prescription drugs
Hospital coverage
Prescription drugs
Which of these gaps in Medicare coverage is addressed with Medicare
Supplemental Insurance?
Medicare in-hospital deductible
Under group health insurance, a certificate of coverage is issued to the
employee
Claims payable to a Disability Income insured, even when the insured can
continue to work, are the result of a
Presumptive disability
A dread disease policy is considered to be a type of
Limited health insurance policy
How often must an insurance producer's license in NJ be renewed?
every 2 years
Which type of disability would be less than total impairment and equal to
permanent impairment?
Permanent partial disability
An insurance consultant is BEST defined as a(n)
, Producer who charges fees for advice
Kathy pays a monthly premium on her health insurance policy. How long is her
grace period?
10 days
Susan is insured through her Group Health Insurance plan and changed her
coverage to an individual plan with the same insurer after her employment was
terminated. This change is called a(n)
crossover
conversion
exchange
extension of benefits
Conversion
What amount will be paid under a policy where the insured misstated his/her
age?
An amount the premium would have purchased at the correct age
The IRS allows a taxpayer to deduct medical expenses that exceed 7.5% of their
adjusted gross income. Which of the following is considered a tax deductible
medical expense under this rule?
Long term care insurance premiums
When a Medicare supplement policy is purchased during the open enrollment
period
The policy must be issued regardless of health status
In what form do disability income policies typically pay benefits?
Periodic income
What is considered to be the primary reason for buying life insurance?
Provide death benefits
