EXAM | 278 QUESTIONS | WITH
ACTUAL SOLUTIONS!!
coercion
twisting
rebating
fraud
, Primarily describes the free-look Exists for profit
period
MEWA Fraud
Don't know?
2 of 278
Definition
20 employees
Give this one a try later!
How many employees must an
Kathy pays a monthly premium on
employer have for a
her health insurance policy. How
terminated employee to be
long is her grace period?
eligible for COBRA?
10 days
20
7 davs
30
31 davs
40
45 days
50
, How long can an insurer exclude A nonparticipating company is
coverage for a preexisting condition sometimes called a(n)
on a Medicare Supplement policy?
alien insurer
6 months mutual insurer
12 months reinsurer
18 months stock insurer
24 months
Don't know?
3 of 278
Term
How are premiums paid by the insured for personally owned
disability income insurance treated for tax purposes?
partially tax deductible
not tax deductible
fully tax deductible
tax deferred
Give this one a try later!
not tax deductible geographical location
Loss of a leg or arm Partial Disability
Don't know?
, 4 of 278
Term
Which of the following constitutes grounds for suspending an
Arkansas producer's license?
Summary Action conviction
Felony conviction
Failure to comply with underwriting guidelines
Failure to maintain insurance transaction records for at least 10 years
Give this one a try later!
Increase the premiums on an
number of children
individual basis
An S-Corp Owner with a greater
Felony Conviction
than 2% share
Don't know?
5 of 278
Term
The Arkansas Life and Disability Insurance Guaranty Association
assures payment of benefits from insurance policies for insolvent
insurers, and covers all of the following insured policies, EXCEPT:
life insurance
disability insurance