NEW JERSEY NJ HEALTH AND ACCIDENTAL FINAL EXAM
2025/2026 LATEST COMPLETE QUESTION AND ANSWER
ALREADY GRADED A+
Which of the following is typically Not eligible for coverage in group health policy?
Full time employee
Temporary employee
Business owner
partner in a partnership
Temporary employee 29
Someone needing custodial care at home would require which type of coverage?
Major medical
Disability
Long term care
Medicaid
long term care 30
a buyers guide and policy summary
Must be delivered with or prior to policy delivery
• must be delivered with or prior to policy delivery
• is not required in the state of New Jersey
• must be delivered within 30 days of policy delivery
• is only required when a binding receipt is issued
must be delivered with or prior to policy delivery
Disability Income plans which require that the insurer can NEVER change or after premium
rates are usually considered?
• Guaranteed Renewable
• Optionally Renewable
•Conditionally Renewable
• Noncancellable
Noncanellable
,The commissioner issues a subpoena to a producer. The producer Decides not to respond.
Which course of action must be taken by the commissioner?
• Commissioner must terminate the producer's appointment
• Commissioner must reissue another subpoena
• Commissioner may impose an administrative penalty
• Commissioner may incarcerate the producer
Commissioner may impose an administrative penalty
After an insured gives notice of loss, what must he/she do if the insurer does not furnish
forms?
• File a lawsuit
• Contact the insurer again requesting forms
Nothing
• File written proof of loss
file written proof of loss
Bryce purchased a disability income policy with a rider that guarantees him the option of
purchasing additional amounts of coverage at predetermined times without requiring to
provide evidence of insurability. what kind of rider is this?
• Guaranteed insurability rider
• Additional coverage rider
• Paid-up option rider
• Extended insurability rider
Guaranteed insurability rider
When the word "insurance" Appears in a producers business name, which of the following
words cannot be approved?
• Corporation
• Agency
Brokerage
• Company
Company
, Medicare provides coverage for each of the following except
• hospital room and board
• doctor and surgeon services
• prescription drugs
• custodial care
custodial care
First year commissions may be legally paid to someone holding a?
• Certificate of Authority
• Temporary license
• Consultant license
• State license and Appointment with the paying insurer
State license and Appointment with the paying insurer
in in New Jersey, health insurance advertisements are required to contain the
Insurance company's trademark
Insurance company's name
Insurance company's AM Best rating
Insurance company's current standing with the better business Bureau
Insurance company's name
States that have "no loss no gain" laws require a replacing policy to....
Keep the same type if coverage as the policy it replaces
Not change a different premium from the policy if replaces
pay for half of any ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
2025/2026 LATEST COMPLETE QUESTION AND ANSWER
ALREADY GRADED A+
Which of the following is typically Not eligible for coverage in group health policy?
Full time employee
Temporary employee
Business owner
partner in a partnership
Temporary employee 29
Someone needing custodial care at home would require which type of coverage?
Major medical
Disability
Long term care
Medicaid
long term care 30
a buyers guide and policy summary
Must be delivered with or prior to policy delivery
• must be delivered with or prior to policy delivery
• is not required in the state of New Jersey
• must be delivered within 30 days of policy delivery
• is only required when a binding receipt is issued
must be delivered with or prior to policy delivery
Disability Income plans which require that the insurer can NEVER change or after premium
rates are usually considered?
• Guaranteed Renewable
• Optionally Renewable
•Conditionally Renewable
• Noncancellable
Noncanellable
,The commissioner issues a subpoena to a producer. The producer Decides not to respond.
Which course of action must be taken by the commissioner?
• Commissioner must terminate the producer's appointment
• Commissioner must reissue another subpoena
• Commissioner may impose an administrative penalty
• Commissioner may incarcerate the producer
Commissioner may impose an administrative penalty
After an insured gives notice of loss, what must he/she do if the insurer does not furnish
forms?
• File a lawsuit
• Contact the insurer again requesting forms
Nothing
• File written proof of loss
file written proof of loss
Bryce purchased a disability income policy with a rider that guarantees him the option of
purchasing additional amounts of coverage at predetermined times without requiring to
provide evidence of insurability. what kind of rider is this?
• Guaranteed insurability rider
• Additional coverage rider
• Paid-up option rider
• Extended insurability rider
Guaranteed insurability rider
When the word "insurance" Appears in a producers business name, which of the following
words cannot be approved?
• Corporation
• Agency
Brokerage
• Company
Company
, Medicare provides coverage for each of the following except
• hospital room and board
• doctor and surgeon services
• prescription drugs
• custodial care
custodial care
First year commissions may be legally paid to someone holding a?
• Certificate of Authority
• Temporary license
• Consultant license
• State license and Appointment with the paying insurer
State license and Appointment with the paying insurer
in in New Jersey, health insurance advertisements are required to contain the
Insurance company's trademark
Insurance company's name
Insurance company's AM Best rating
Insurance company's current standing with the better business Bureau
Insurance company's name
States that have "no loss no gain" laws require a replacing policy to....
Keep the same type if coverage as the policy it replaces
Not change a different premium from the policy if replaces
pay for half of any ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
