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Maryland Insurance Administration MarylandAccident and Health or Sickness Producer Series 20-24 Sample Questions:
1. Reasonable and customary charges for health care are based primarily on:
A) Actuarial tables
B) Insurance industry studies
C) Average charges within a geographic area
D) National physician surveys
2. Before issuing a policy of long-term care insurance to an applicant who is at least 80 years old, unless the policy is guaranteed issue, the carrier shall obtain a:
A) Applicant's family's consent
B) Copy of the person's living will
C) Report of a physical examination
D) Power of attorney
3. Which one of the following causes of loss typically is EXCLUDED under a disability income insurance policy?
A) Auto accidents
B) Tropical disease
C) Intentionally self-inflicted injuries
D) Cancer
4. When a producer engages in unfair practices, all of the following are true EXCEPT:
A) The Maryland Insurance Administration's decision is final
B) The Maryland Insurance Administration can suspend the producer's license
C) The Maryland Insurance Administration can investigate the problem and hold a hearing
D) The Maryland Insurance Administration can issue a cease and desist order
5. A policy of life insurance may NOT be delivered unless the policy has a:
A) Financial statement of the life insurance company
B) Premium coupon book
C) Notary seal
D) Legible and brief description of the policy on the first page
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |