Life and Accident and Health or Sickness Producer - Combo Series 20-30: Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam


"Life and Accident and Health or Sickness Producer - Combo Series 20-30", also known as Life-and-Accident-and-Health-or-Sickness-Producer-Combo exam, is a Insurance Licensing Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 265 Q&As to your Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam preparation. In the Life-and-Accident-and-Health-or-Sickness-Producer-Combo exam resources, you will cover every field and category in Insurance Licensing Certification Certification helping to ready you for your successful Insurance Licensing Certification.

  • Exam Code: Life-and-Accident-and-Health-or-Sickness-Producer-Combo
  • Exam Name: Life and Accident and Health or Sickness Producer - Combo Series 20-30
  • Total Questions: 265

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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

SectionObjectives
Topic 1: Accident and Health Insurance- Policy provisions
  • 1. Coordination of benefits
    • 2. Exclusions and limitations
      - Health insurance types
      • 1. Long-term care insurance
        • 2. Medical expense insurance
          • 3. Disability income insurance
            Topic 2: General Insurance Concepts- Insurance principles and risk management
            • 1. Insurance contract fundamentals
              • 2. Risk types and management methods
                Topic 3: State Law and Regulations- Insurance producer regulations
                • 1. Licensing requirements
                  • 2. Ethics and fiduciary duties
                    Topic 4: Life Insurance- Life insurance policies
                    • 1. Term life insurance
                      • 2. Universal life insurance
                        • 3. Whole life insurance
                          - Policy provisions and riders
                          • 1. Beneficiaries and settlements
                            • 2. Policy loans and dividends

                              Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:

                              All of the following would be considered an unfair trade practice EXCEPT:

                              • A. Statements misrepresenting the benefits of an insurance policy
                              • B. Misrepresentation of any insurance policy as being shares of stock
                              • C. Publishing false statements derogatory to the financial condition of an insurer
                              • D. Sharing commissions with agents who have equivalent licenses
                              Answer: D

                              Explanation: Only visible for ExamcollectionPass members. You can sign-up / login (it's free).

                              When an accident and health insurer requires a covered individual to undergo a physical examination, who pays the cost of the examination?

                              • A. The principal insured individual
                              • B. The patient or parent of the patient
                              • C. The insurer
                              • D. The premium payor
                              Answer: C

                              Explanation: Only visible for ExamcollectionPass members. You can sign-up / login (it's free).

                              When a single major medical contract covers all medical expenses, the plan is considered to be:

                              • A. Supplemental
                              • B. First-dollar
                              • C. Limited
                              • D. Comprehensive
                              Answer: D

                              Explanation: Only visible for ExamcollectionPass members. You can sign-up / login (it's free).

                              The purpose of licensing insurance agents is to:

                              • A. Monitor insurance sales activity in Maryland
                              • B. Demonstrate that the agent is qualified to act on behalf of insurers in Maryland
                              • C. Regulate rates to prevent unfair discrimination among insureds
                              • D. Limit the number of agents who do business within Maryland
                              Answer: B

                              Explanation: Only visible for ExamcollectionPass members. You can sign-up / login (it's free).

                              All of the following statements about the life insurance protection provided by a family life insurance policy are true EXCEPT:

                              • A. Life insurance coverage is provided automatically to children born during the policy period
                              • B. Most of the premium amount purchases whole life insurance for the head of the household
                              • C. Coverage for dependents can be converted to whole life insurance without evidence of insurability
                              • D. Coverage is available only to heads of households who are 30 years old or younger
                              Answer: D

                              Explanation: Only visible for ExamcollectionPass members. You can sign-up / login (it's free).

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