Colorado Health Insurance Exam
Questions and Guide Answers
100% Verified Graded A+
1. Any company that furnishes health care services to enrolled members in
return for a fixed sum or prepaid premium is defined as
A. a franchise plan provider
B. a health maintenance organization
C. a blanket health insurer
D. an industrial health insurer
Answer: A health mainetence organization
2. Which of the following statements is CORRECT about insurance producers
who fail to satisfy the continuing education requirements?
,A. They may be subject to a fine.
B. They may be subject to legal prosecution.
C. Their licenses will be terminated.
D. Their licenses will be suspended.
Answer: Their lecenses will be terminated
3. Under a group health policy, an employee who has been covered under a
company's group health plan for six months and is terminated for cause MUST
be permitted to
A. convert to an individual policy by providing evidence of insurability
B. convert to an individual policy without providing evidence of insurability
C. continue the group coverage by providing evidence of insurability
D. continue the group coverage by paying the required premium
Answer: Continue the group coverage by paying the required premium
4. A group policy is issued to a newspaper or other publisher to cover its
carriers is referred to as which of the following types of policies?
A. Salary Continuation
B. Structured Settlement
,C. Disability
D. Blanket A & H
Answer: Blanked Accident & Health
5. An individual may obtain a temporary insurance producer's license without
passing the licensing examination if the individual
A. is a deceased licensed producer's next of kin
B. is taking insurance courses at a university
C. has met the minimum experience requirement
D. holds a license in another state
Answer: Is a deceased licensed producer's next of kin
6. An insurance producer who makes false statements that harm the reputa-
tion of another insurer is guilty of
A. discrimination
B. defamation
C. misrepresentation
D. controlled business
Answer: Defamation
, 7. Credit Accident & Health insurance MUST provide coverage for a loss caused
by
A. disability
B. accidental death
C. temporary layoff
D. voluntary unemployment
Answer: Disability
8. Which of the following statements is prohibited in Accident and Health
insurance advertisements?
Answer: This plan is accredited by an agency of the federal government
A. "This is an introductory otter."
B. "This plan is accredited by an agency of the federal government."
C. "The amount of benefits provided depends upon the plan selected."
D. "Coverage will continue as long as premiums are paid and the plan
remains in force."
9. When taking an application for a Medicare Supplement policy, a producer
must provide the applicant with
Questions and Guide Answers
100% Verified Graded A+
1. Any company that furnishes health care services to enrolled members in
return for a fixed sum or prepaid premium is defined as
A. a franchise plan provider
B. a health maintenance organization
C. a blanket health insurer
D. an industrial health insurer
Answer: A health mainetence organization
2. Which of the following statements is CORRECT about insurance producers
who fail to satisfy the continuing education requirements?
,A. They may be subject to a fine.
B. They may be subject to legal prosecution.
C. Their licenses will be terminated.
D. Their licenses will be suspended.
Answer: Their lecenses will be terminated
3. Under a group health policy, an employee who has been covered under a
company's group health plan for six months and is terminated for cause MUST
be permitted to
A. convert to an individual policy by providing evidence of insurability
B. convert to an individual policy without providing evidence of insurability
C. continue the group coverage by providing evidence of insurability
D. continue the group coverage by paying the required premium
Answer: Continue the group coverage by paying the required premium
4. A group policy is issued to a newspaper or other publisher to cover its
carriers is referred to as which of the following types of policies?
A. Salary Continuation
B. Structured Settlement
,C. Disability
D. Blanket A & H
Answer: Blanked Accident & Health
5. An individual may obtain a temporary insurance producer's license without
passing the licensing examination if the individual
A. is a deceased licensed producer's next of kin
B. is taking insurance courses at a university
C. has met the minimum experience requirement
D. holds a license in another state
Answer: Is a deceased licensed producer's next of kin
6. An insurance producer who makes false statements that harm the reputa-
tion of another insurer is guilty of
A. discrimination
B. defamation
C. misrepresentation
D. controlled business
Answer: Defamation
, 7. Credit Accident & Health insurance MUST provide coverage for a loss caused
by
A. disability
B. accidental death
C. temporary layoff
D. voluntary unemployment
Answer: Disability
8. Which of the following statements is prohibited in Accident and Health
insurance advertisements?
Answer: This plan is accredited by an agency of the federal government
A. "This is an introductory otter."
B. "This plan is accredited by an agency of the federal government."
C. "The amount of benefits provided depends upon the plan selected."
D. "Coverage will continue as long as premiums are paid and the plan
remains in force."
9. When taking an application for a Medicare Supplement policy, a producer
must provide the applicant with
