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| Section | Objectives |
|---|---|
| State Law and Regulations | - Insurance producer regulations
|
| Life Insurance | - Life insurance policies
|
| General Insurance Concepts | - Insurance principles and risk management
|
| Accident and Health Insurance | - Health insurance types
|
Question 1
Which benefit is usually excluded from accident and health plan coverage?
A. Physicians' visits
B. Hospital expense
C. Custodial care
D. Surgical expense
Question 2
All of the following services are covered under the Medicare Supplement preventive care benefit EXCEPT:
A. Hearing tests
B. Routine physical examinations
C. Outpatient prescription vitamins
D. Immunizations
Question 3
A life insurance policy becomes incontestable after it has been in force for:
A. 6 months
B. 2 years
C. 3 years
D. 30 days
Question 4
All of the following are unfair trade practices EXCEPT:
A. Misrepresentation
B. Fraudulent advertising
C. Illegal inducement
D. Reinsurance
Question 5
Which of the following statements about the contestability of a life insurance policy is true?
A. The policy can be contested by the insurer at all times
B. The policy can be contested only if the insured is convicted of a felony
C. The policy cannot be contested by the insurer once it is paid for and issued
D. The policy can be contested by the insurer only during the first two years of the contract
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: D | Question 5 Answer: D |
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