Final Exam - South Carolina Life and
Health Questions and answers 2025
The .branch .of .dentistry .which .deals .with .the .replacement .of .missing .parts .is .called
.Endodontics
.Periodontics
.Orthodontics
.Prosthodontics .- .CORRECT . ANSWER-Prosthodontics
How .many .months .can .a .life .insurance .policy .normally .be .backdated .from .the .date
.of .application?
.3
.6
.9
.12 .- .CORRECT . ANSWER-6
HIPAA .considers .which .of .the .following .as ."individually .identifiable .health
.information"? .- .CORRECT . ANSWER-A .person's .health .claim .information
Which .of .the .following .is .NOT .taken .into .consideration .when .determining .eligibility
.for .Medicare .benefits? .- .CORRECT . ANSWER-Income
What .is .the .primary .factor .that .determines .the .benefits .paid .under .a .disability
.income .policy? .- .CORRECT . ANSWER-wages
All .of .the .following .are .functions .of .an .insuring .clause .EXCEPT .- .CORRECT
. ANSWER-Primarily .describes .the .free-look .period
The .Fair .Credit .and .Reporting .Act's .main .purpose .is .to .- .CORRECT .ANSWER-
protect .consumers .with .guidelines .regarding .credit .reporting .and .distribution
What .is .known .as .the .immediate .specific .event .causing .loss .and .giving .rise .to
.risk? .- .CORRECT . ANSWER-Peril
Mary .is .issued .an .initial .producer's .license .on .April .29, .2012. .Her .birthdate .is .March
.14, .1980. .When .does .her .license .renew? .- .CORRECT . ANSWER-March .31, .2014
, Which .approach .predicts .a .person's .earning .potential .and .determines .how .much
.of .that .amount .would .be .devoted .to .dependents? .- .CORRECT . ANSWER-Human .life
.value .approach
In .South .Carolina, .which .of .the .following .statements .is .TRUE .regarding .a .licensed
.individual .changing .his .or .her .legal .name? .- .CORRECT . ANSWER-The .producer
.must .notify .the .Department .upon .changing .his .or .her .legal .name
Which .settlement .option .involves .having .the .proceeds .remain .with .the .insurer .and
.earnings .paid .on .a .monthly .basis .to .the .beneficiary? .- .CORRECT . ANSWER-
interest .only
What .would .happen .if .a .life .insurance .applicant .is .given .a .conditional .receipt .from
.an .insurance .agent .and .then .dies .the .next .day? .- .CORRECT . ANSWER-Claim .will
.be .paid .if .application .is .approved
In .South .Carolina, .what .is .the .MAXIMUM .length .of .time .an .insurer .can .defer
.payment .of .a .cash .surrender .value .of .an .annuity? .- .CORRECT .ANSWER-6 .months
Which .of .these .is .affected .by .the .frequency .of .an .insurance .policy's .premium
.payments? .- .CORRECT . ANSWER-Cost
In .an .insurance .contract, .the .insurer .is .the .only .party .legally .obligated .to .perform.
.Because .of .this, .an .insurance .contract .is .considered .- .CORRECT . ANSWER-
unilateral
Which .of .these .licensees .MUST .be .appointed .in .order .to .conduct .insurance
.business? .- .CORRECT . ANSWER-Producer
A .master .contract .and .certificate .of .coverage .can .be .found .in .which .type .of .policy?
.- .CORRECT . ANSWER-Group
Jonas .is .a .whole .life .insurance .policyowner .and .would .like .to .add .coverage .for .his
.two .children. .Which .of .the .following .products .would .allow .him .to .accomplish .this?
.- .CORRECT . ANSWER-Child .term .rider
The .MAXIMUM .time .period .that .an .eligible .employee .can .be .excluded .from
.coverage .under .a .group .health .policy .as .a .late .enrollee .is .- .CORRECT . ANSWER-18
.months
A .Medicare .Supplement .policy .must .NOT .contain .benefits .which .- .CORRECT
. ANSWER-duplicate .Medicare .benefits
In .what .form .do .disability .income .policies .typically .pay .benefits? .- .CORRECT
. ANSWER-Periodic .income
How .long .can .an .insurer .exclude .coverage .for .a .preexisting .condition .on .a
.Medicare .Supplement .Policy? .- .CORRECT .ANSWER-6 .months
Health Questions and answers 2025
The .branch .of .dentistry .which .deals .with .the .replacement .of .missing .parts .is .called
.Endodontics
.Periodontics
.Orthodontics
.Prosthodontics .- .CORRECT . ANSWER-Prosthodontics
How .many .months .can .a .life .insurance .policy .normally .be .backdated .from .the .date
.of .application?
.3
.6
.9
.12 .- .CORRECT . ANSWER-6
HIPAA .considers .which .of .the .following .as ."individually .identifiable .health
.information"? .- .CORRECT . ANSWER-A .person's .health .claim .information
Which .of .the .following .is .NOT .taken .into .consideration .when .determining .eligibility
.for .Medicare .benefits? .- .CORRECT . ANSWER-Income
What .is .the .primary .factor .that .determines .the .benefits .paid .under .a .disability
.income .policy? .- .CORRECT . ANSWER-wages
All .of .the .following .are .functions .of .an .insuring .clause .EXCEPT .- .CORRECT
. ANSWER-Primarily .describes .the .free-look .period
The .Fair .Credit .and .Reporting .Act's .main .purpose .is .to .- .CORRECT .ANSWER-
protect .consumers .with .guidelines .regarding .credit .reporting .and .distribution
What .is .known .as .the .immediate .specific .event .causing .loss .and .giving .rise .to
.risk? .- .CORRECT . ANSWER-Peril
Mary .is .issued .an .initial .producer's .license .on .April .29, .2012. .Her .birthdate .is .March
.14, .1980. .When .does .her .license .renew? .- .CORRECT . ANSWER-March .31, .2014
, Which .approach .predicts .a .person's .earning .potential .and .determines .how .much
.of .that .amount .would .be .devoted .to .dependents? .- .CORRECT . ANSWER-Human .life
.value .approach
In .South .Carolina, .which .of .the .following .statements .is .TRUE .regarding .a .licensed
.individual .changing .his .or .her .legal .name? .- .CORRECT . ANSWER-The .producer
.must .notify .the .Department .upon .changing .his .or .her .legal .name
Which .settlement .option .involves .having .the .proceeds .remain .with .the .insurer .and
.earnings .paid .on .a .monthly .basis .to .the .beneficiary? .- .CORRECT . ANSWER-
interest .only
What .would .happen .if .a .life .insurance .applicant .is .given .a .conditional .receipt .from
.an .insurance .agent .and .then .dies .the .next .day? .- .CORRECT . ANSWER-Claim .will
.be .paid .if .application .is .approved
In .South .Carolina, .what .is .the .MAXIMUM .length .of .time .an .insurer .can .defer
.payment .of .a .cash .surrender .value .of .an .annuity? .- .CORRECT .ANSWER-6 .months
Which .of .these .is .affected .by .the .frequency .of .an .insurance .policy's .premium
.payments? .- .CORRECT . ANSWER-Cost
In .an .insurance .contract, .the .insurer .is .the .only .party .legally .obligated .to .perform.
.Because .of .this, .an .insurance .contract .is .considered .- .CORRECT . ANSWER-
unilateral
Which .of .these .licensees .MUST .be .appointed .in .order .to .conduct .insurance
.business? .- .CORRECT . ANSWER-Producer
A .master .contract .and .certificate .of .coverage .can .be .found .in .which .type .of .policy?
.- .CORRECT . ANSWER-Group
Jonas .is .a .whole .life .insurance .policyowner .and .would .like .to .add .coverage .for .his
.two .children. .Which .of .the .following .products .would .allow .him .to .accomplish .this?
.- .CORRECT . ANSWER-Child .term .rider
The .MAXIMUM .time .period .that .an .eligible .employee .can .be .excluded .from
.coverage .under .a .group .health .policy .as .a .late .enrollee .is .- .CORRECT . ANSWER-18
.months
A .Medicare .Supplement .policy .must .NOT .contain .benefits .which .- .CORRECT
. ANSWER-duplicate .Medicare .benefits
In .what .form .do .disability .income .policies .typically .pay .benefits? .- .CORRECT
. ANSWER-Periodic .income
How .long .can .an .insurer .exclude .coverage .for .a .preexisting .condition .on .a
.Medicare .Supplement .Policy? .- .CORRECT .ANSWER-6 .months
