WebCE Exam Prep – Study Guide &
Practice Questions for Nurses
Physical Hazard - ANSWER ✨✔---While completing an application for a health insurance policy,
Dan discloses his partial blindness. The insurer will treat his blindness as a:
apperant - ANSWER ✨✔---ABC insurance company fires Renee, a producer. She continues to
interviews prospects, make sale presentations with company materials, and collect premiums. When
dealing with Renee, the prospects believe that she has what kind of authority from ABC
Insurer and policyowner - ANSWER ✨✔---Which two parties form a contract for life insurance
The company may be liable for marks actions - ANSWER ✨✔---Mark knowingly exceeds his actual
authority when dealing with a client. His actions cause a loss to the insurance company he represents.
Which statement is correct.
Financial Industry Regulatory Authority (FINRA) - ANSWER ✨✔---Life and health insurance
companies regulate themselves through each of the following entities or organizations EXCEPT:
Non-admitted Insurer - ANSWER ✨✔---An agent who sells insurance for an insurance company
that does not have a certificate of authority to operate in the state represents:
John takes medication to control high blood pressure - ANSWER ✨✔---Which is not an example of
a hazard
, A person under the influence of alcohol - ANSWER ✨✔---Which person would not be considered
competent to enter into an insurance contract
A. Failing to meet projected sales goals - ANSWER ✨✔---The Insurance Commissioner cannot
suspend or revoke an agent's license for which of the following reasons?
A. Failing to meet projected sales goals
B. Having an agent's license denied or suspended in another state
C. Forging an individual's name on an insurance application
D. Accepting insurance from an unlicensed individual
imprisonment - ANSWER ✨✔---Which of the following is not a remedy available to the
Pennsylvania commissioner of insurance for committing an unfair method of competition
Imprisonment for up to 25 years - ANSWER ✨✔---Persons who commit crimes of dishonesty while
engaged in interstate insurance trANSWERactions can be sentenced to all of the following except
When the application is taken - ANSWER ✨✔---If a person buys a new life insurance policy to
replace an existing one, the producer must give the applicant the Notice Regarding Replacement form
no later than when?
A fine of up to $100 per day violation - ANSWER ✨✔---Agent Jill received a letter from the
department of insurance asking her to submit verification of having completed the continuing education
requirements for the previous licensing period. Three weeks later, the department sent another letter.
Which penalty may the department impose if Jill still has not responded to its request one month later?
failing to promptly settle a claim for which liability is uncertain - ANSWER ✨✔---Which of the
following is not an unfair claims settlement practice if committed by an insurance company in
Pennsylvania?
12 months - ANSWER ✨✔---An insurer must notify its current customers of its privacy policies or
practices at least once every how often?
Practice Questions for Nurses
Physical Hazard - ANSWER ✨✔---While completing an application for a health insurance policy,
Dan discloses his partial blindness. The insurer will treat his blindness as a:
apperant - ANSWER ✨✔---ABC insurance company fires Renee, a producer. She continues to
interviews prospects, make sale presentations with company materials, and collect premiums. When
dealing with Renee, the prospects believe that she has what kind of authority from ABC
Insurer and policyowner - ANSWER ✨✔---Which two parties form a contract for life insurance
The company may be liable for marks actions - ANSWER ✨✔---Mark knowingly exceeds his actual
authority when dealing with a client. His actions cause a loss to the insurance company he represents.
Which statement is correct.
Financial Industry Regulatory Authority (FINRA) - ANSWER ✨✔---Life and health insurance
companies regulate themselves through each of the following entities or organizations EXCEPT:
Non-admitted Insurer - ANSWER ✨✔---An agent who sells insurance for an insurance company
that does not have a certificate of authority to operate in the state represents:
John takes medication to control high blood pressure - ANSWER ✨✔---Which is not an example of
a hazard
, A person under the influence of alcohol - ANSWER ✨✔---Which person would not be considered
competent to enter into an insurance contract
A. Failing to meet projected sales goals - ANSWER ✨✔---The Insurance Commissioner cannot
suspend or revoke an agent's license for which of the following reasons?
A. Failing to meet projected sales goals
B. Having an agent's license denied or suspended in another state
C. Forging an individual's name on an insurance application
D. Accepting insurance from an unlicensed individual
imprisonment - ANSWER ✨✔---Which of the following is not a remedy available to the
Pennsylvania commissioner of insurance for committing an unfair method of competition
Imprisonment for up to 25 years - ANSWER ✨✔---Persons who commit crimes of dishonesty while
engaged in interstate insurance trANSWERactions can be sentenced to all of the following except
When the application is taken - ANSWER ✨✔---If a person buys a new life insurance policy to
replace an existing one, the producer must give the applicant the Notice Regarding Replacement form
no later than when?
A fine of up to $100 per day violation - ANSWER ✨✔---Agent Jill received a letter from the
department of insurance asking her to submit verification of having completed the continuing education
requirements for the previous licensing period. Three weeks later, the department sent another letter.
Which penalty may the department impose if Jill still has not responded to its request one month later?
failing to promptly settle a claim for which liability is uncertain - ANSWER ✨✔---Which of the
following is not an unfair claims settlement practice if committed by an insurance company in
Pennsylvania?
12 months - ANSWER ✨✔---An insurer must notify its current customers of its privacy policies or
practices at least once every how often?
