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Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:
1. Which benefit is usually excluded from major medical expense plan coverage?
A) Prescription drugs
B) Physical therapy
C) Routine dental care
D) Hospice care
2. In life insurance, an insurable interest in the life of the insured must exist:
A) Only at the inception of the contract
B) Only at the death of the insured
C) Throughout the period of the contract
D) During the first two years of the contract
3. A nonprofit health service plan may NOT issue a contract that covers which of the following types of benefits?
A) Vision benefits
B) Medical expense benefits
C) Disability income benefits
D) Dental benefits
4. A definite and unqualified proposal of contract terms by one party to another is:
A) An oral contract
B) An agreement
C) An offer
D) A binder
5. (If a producer misleads or fails to adequately disclose the title and true nature of a policy offered to a potential insured, it may be considered:)
A) Defamation
B) Misrepresentation
C) Coercion
D) Unfair discrimination
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |


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