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Maryland Insurance Administration MarylandAccident and Health or Sickness Producer Series 20-24 Sample Questions:
1. The Maryland Health Insurance Plan is designed to provide comprehensive health benefits for:
A) Low-income residents of Maryland
B) Medically uninsurable Maryland residents
C) Senior citizens residing in Maryland
D) Children of low-income Maryland residents
2. A producer may be guilty of misrepresentation if the producer:
A) Failed to disclose exclusions of the policy
B) Required timely written notice of loss for all claims
C) Denied a claim for failure of the policyholder to prove damages
D) Issued a full settlement check expressly releasing the insurer
3. A certificate of insurance in a group accident and health plan is:
A) A binding contract between the employer and the insurer
B) Evidence of the employee's insurance coverage
C) A binding contract between the employee and the insurer
D) Issued to the employer for each insured location
4. In general practice, can the Maryland Insurance Administration inspect the business records of an insurance company or agency?
A) Yes, because all company and agency records are public domain
B) No, because of privacy considerations
C) No, because only an officer of the court can inspect these records
D) Yes, because of the powers defined by state laws
5. An elimination period in a disability income insurance policy is the:
A) Time during which benefits are paid under the policy
B) Period between the start of a disability and the beginning of benefits
C) Same as the probationary period
D) Time period the policy is in force
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |