The commissioner must examine the financial affairs of each admitted insurer operating in Maryland at least once every how many years? D.In the event of employment termination, group health insurance can be kept if the employer pays the premium. How much does Medicare Part B pay for physician fees? Maryland requires that a licensee completes___ hours of continuing education on the subject of ethics every reportingperiod. A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? Which of the following is NOT a common exclusion for a medical expense policy? \text{Total current assets} & \underline{\hspace{8pt}144,000} & \underline{\hspace{8pt}151,000} \\ Paul has an, An indemnity plan limitation that will pay the dental bills after a small amount is paid by the insured is called. Write a sentence explaining its significance to the executive branch. Determine whether there are 0,1 , or 2 real solutions to f(x)=0. A life insurance policyowner was injured in an automobile accident which results in a total and permanent disability. Which of the following is typically NOT eligible for coverage in a group health policy? B. Whenthe application is collected and policy is issued, C. Whenthe application is completed and signed, D. Whenthe completed application is signed and initial premium is collected. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay, Paul is an employee who caught a disease unique to the trade in which he was exposed to. Aninsureds status under social security can be described as, Along-term care policy typically provides all of the following levels of careEXCEPT. James is the insured on a life insurance policy where his age was misstated on the application. All of these are standard exclusions found in a life insurance policy EXCEPT. Peter Griffith, Funeral Director of Lyndhurst Funeral Home. AnIndividual can enroll in a part C Medicare Advantage Plan at what time? This is called a. ABC Corporation has a group life insurance policy that covers its employees and their dependent children. Upon delivery, she may be expected to collected all of the followingEXCEPT a(n), B. Signedimpairment rider acknowledgement, C. Modifiedapplication with a new signature, Oneof the most important considerations when replacing health insurance would bethe. {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Insurance\/Healt Agent Exam","payreferer_url":"\/flashcards\/copy\/insurance-healt-agent-exam--11456962","isGuest":true,"ga_id":"UA-272909-1","facebook":{"clientId":"363499237066029","version":"v12.0","language":"en_US"}}. Which of the following life events would allow an uninsured employee to qualify for special enrollment in a small employer health benefit plan? The policy automatically converts to whole lifeafter the 10-year period, B. Arollover from a Traditional IRA to another IRA must be done within __ days toavoid tax consequences. \text{Ratained earnings} & \underline{\hspace{13pt}57,000} & \underline{\hspace{13pt}61,000} \\ What is the required action to be taken by a Maryland licensee before operating under an assumed business name?
a producers secretary who solicits prospects on the telephone A type of group that has a constitution and bylaws andhas been organized for purposes other than obtaining insurance is called awhat?
A producer has recently died and leaves behind a spouse In order for Proof of loss on a health insurance claim must be submitted to an insurer within _____ days after the insure's date of loss. A producer has committed an insurance crime that violates US code 1033 (interstate commerce). An insurer must furnish to a claimant forms for filing proof of loss within ___ days upon receiving a notice of claim.
Whichof these benefit options would he choose? Annuities are intended to create an estate. For large samples, describe the sampling distribution of, (p^1p^2)\left( \hat { p } _ { 1 } - \hat { p } _ { 2 } \right) Which type of life insurance policy is this? Cram has partnered with the National Tutoring Association, Comparing Health Insurance Rates And Suppliers. The ________ has the right to renew a small employer health plan. Which scenario would most life insurance policies exclude coverage for? Maximizes productivity through use of appropriate tools; planned training and Columbia Care LLC . D. Assist an insurer in determine an applicantscreditworthiness. MedicarePart A does not pay for medical benefits provided for treatment in a skillednursing facility beyond. What amount will be paid under a policy where the insured misstated his/her age? Whatis the elimination period of an individual disability policy? Must be bonded through the state. Which of the following is NOT part of an insurance contract? What is the MINIMUM benefit period that must be offered by a Long-Term Care policy? You are given the graphs of several functions of the form f(x)=ax2+bx+cf(x)=a x^2+b x+cf(x)=ax2+bx+c for different values of a, b, and c. For each function. Elizabethis the beneficiary of a life insurance policy. Contact; a producers secretary who solicits prospects on the telephonepossum playing dead in the yard. National Milk Producers Federation 2107 Wilson Blvd., Suite 600 Arlington, VA 22201 Phone: 703-243-6111 E-mail: info@nmpf.org Our Future You series provides a range of topical advice and guidance via webinars and podcasts. A beneficiary has just received a claim payment for a life insurance policy. In order for the producer's insurance business to continue, the Department of Banking and Insurance may issue to the producer's spouse a. Insurable interest can be established sufficiently by sentimental attachment alone, A life insurance policy written on one contract for two people in which it is payable upon the first death is called. Which of the following is NOT a reason for the Commissioner to deny or refuse a producer license application? She may reinstate her policy within _____ years. XZY company has applied for group health insurance for its employees. An insurer may pay a commission in which of the following scenarios? When is an existing health insurance policy required to provide coverage for a newborn child, a producer who shares commissions with a client. Their offer/administration. When a qualified plan starts making payments to its recipient, which portion of the distributions is taxable? Whichscenario would most life insurance policies exclude coverage for? To be classified as a small employer, an employer must NOT have more than _________ eligible employees, The _______ is responsible for determining the appropriateness of a Medicare Supplement policy for an applicant, During the examination of an insurer's books and records by the Commissioner, the insurer, remain in effect until a new one is issued, John the insurance producer has an insurance license that expires in 6 months. In the event of employment termination, group health insurance can be kept if the employee pays the premiums. Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. As beneficiary, he will pay__taxeson any money withdrawn. Which of the following is considered a tax-deductible medical expenseunder this rule? Whowere Keogh Plans designed to provide pension benefits for? What is the MINIMUM benefit period that must be offered by a Long-Term Care Policy? An eligible employee can be excluded from group health coverage for up to _______ months is he/she is considered a "late enrollee". Insurance producer Kelly offers an insured a $500 shopping card if an insurance product is purchased through her.
a producers secretary who solicits prospects on the telephone Percent frequency distribution for key variables. What is created after policy proceeds areobtained in a lump sum and then immediately invested? This type of agreement is called a, The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as, An advertisement for an insurance product may contain, Signing a prospect's name without their knowledge or presence. Who would be responsible for the prosecution of this crime? Which of the Uniform Optional Provisions covers this situation? How is a health provider reimbursed if they do NOT have an agreement in place with the insurance company? Submit to the replacing insurer a list of the policies to be replaced. Which of the following does Coordination of Benefits allow? Which of the following actions is REQUIRED by an agent who is replacing an existing life insurance policy?
a producers secretary who solicits prospects on the telephone Maria would like an annuity that provides a guaranteed accumulation or payout. In event of acontroversy between the insured and the company, the producer is considered to representthe. Why are dividends from a mutual insurer not subject to taxation? The policies continue in force with no change.
a producers secretary who solicits prospects on the telephone Whatwould be an expense factor in an insurance program? Life insurance policies will. Whichof these will have the highest monthly payout upon annuitization? The producer decides not to respond. Which of the following is a reinstatement condition? Which of the following is the likely result? If an insurer refuses to pay a claim, how many days must the insured wait to take legal action against a health insurer after submitting written proof of loss?
a producers secretary who solicits prospects on the telephone Find out how you can intelligently organize your Flashcards. Bob dies 12 months later. A life insurance policy is hallowed ___ days upon policy delivery to return the policy for a full premium refund.. An order issued by the commissioner that prohibits a specific practice listed in the order is called a (n). Unit 4 Assign Rubric Impact of Colonial Experience (2).pdf, 0B1FC21B-547A-410E-8D8F-64E2A8C35084.jpeg, My Path Assessment Editor _ WorldQuant University.pdf, Oral liquid 50 microgramsml Tablet 625 micrograms 250 micrograms epinephrine, spirit its source is what constitutes religion This can be traced to the, Write in a brief description for the bubbles with underlined words 2 Choose a, BUS 1021 Organizational Behavior (OB) Consulting Assignment.edited11.docx, lOMoARcPSD11771818 True or False The above plot shows clear evidence that the, 2 Non tariff barriers which are further classified into two categories a, CTS115 - Chapter 5 - Case Study - Denial of Service -Moss.docx, The fallacy described as a red herring is most similar to a False cause b, Copy of Algebra Unit 2, Concepts 1, 2, 3.pdf, The model is used to describe the interaction of external forces that affect an, EVM Presentation - Project Management .pptx, What is the shape usually used to refer to the curve that illustrates. Both partners are still married at the time of Bob's death. Complete the sentence using each term once. Failingto promptly provide a reasonable explanation for the denial of a claim isconsidered to be a (n). If the consumer price index has gone up 4%, how much may Ron increase the face value of the policy? The proceeds of this contract could be subject to the claims of. Howdoes one become eligible for part D: Prescription Drug Coverage? You are here: how to remove chicken giblets a producers secretary who solicits prospects on the telephone. Tarathe producer is delivering a specified disease insurance policy to a new policyowner. Term, Whole, and universal life insurance, C. Joint, credit, and group life insurance. A professional liability for which producers can be sued for mistakes of putting a policy into effect is called. These rights are called, A producer who intentionally makes an untrue or incomplete statement in the course of an insurance transaction may be guilty of. 1. In accordance with New Jersey law, a Producer must remit health insurance premiums to the insurer within what period? The individual is paying premiums that are priced for each year or Use LEFT and RIGHT arrow keys to navigate between flashcards; Use UP and DOWN arrow keys to flip the card; Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of instability.