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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Federal Regulations and Taxation | - Tax treatment of insurance products - Federal insurance-related regulations |
| Ethics and Professional Conduct | - Consumer protection standards - Ethical responsibilities of insurance producers |
| Annuities | - Annuity types and features - Accumulation and payout options |
| Accident and Health Insurance | - Health insurance plans and structures - Disability income and medical expense coverage |
| State Insurance Regulations | - Unfair trade practices and compliance - Producer licensing requirements |
| Life Insurance | - Types of life insurance policies
|
| Policy Provisions and Options | - Standard policy provisions - Beneficiaries and policy ownership |
| Insurance Fundamentals | - Basic insurance principles - Insurable interest and risk management concepts |
Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:
1. When an accident and health insurer requires a covered individual to undergo a physical examination, who pays the cost of the examination?
A) The premium payor
B) The insurer
C) The principal insured individual
D) The patient or parent of the patient
2. All of the following are elements of an insurable risk EXCEPT:
A) An ability to measure the loss
B) Accidental loss
C) A large number of similar units
D) Speculative risk
3. (Which annuity pays a monthly benefit that begins approximately one month after issuance?)
A) A survivorship annuity
B) A retirement annuity
C) A retirement income policy
D) An immediate annuity
4. Coverage for the first three pints of blood for Medicare enrollees is:
A) A Medicare Supplement additional benefit
B) A Medicare Part A benefit
C) A Medicare Part B benefit
D) A Medicare Supplement core benefit
5. A health maintenance organization (HMO) must provide coverage for all of the following EXCEPT:
A) Routine physical examinations
B) Well-baby or well-child care
C) Dental and vision care
D) Emergency services
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: C |
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