Free Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Dumps Questions & Answers

A temporary insurance license may be issued to all of the following EXCEPT:

• A.  An employee upon the disability of the producer
• B.  An employee of the producer upon the sale of the producer's business
• C.  A surviving spouse upon the death of a licensed producer
• D.  A nonresident producer in the process of moving to Maryland

Which one of the following is a life insurance policy provision that keeps the policy in force for a time if the premium is not paid?

• A.  Grace period provision
• B.  Conversion option clause
• C.  Assignment provision
• D.  Incontestability clause

Before issuing a policy of long-term care insurance to an applicant who is at least 80 years old, unless the policy is guaranteed issue, the carrier shall obtain a:

• A.  Power of attorney
• B.  Report of a physical examination
• C.  Applicant's family's consent
• D.  Copy of the person's living will

A producer may be guilty of misrepresentation if the producer:

• A.  Issued a full settlement check expressly releasing the insurer
• B.  Required timely written notice of loss for all claims
• C.  Denied a claim for failure of the policyholder to prove damages
• D.  Failed to disclose exclusions of the policy

(Which of the following best describes a renewable term life insurance policy?)

• A.  It is renewable without evidence of insurability, but with the premium based on attained age.
• B.  It is always terminated at the end of the term period.
• C.  It is renewable after evidence of insurability but at the same premium.
• D.  It will convert to a whole life contract after the end of the term period.