a producers secretary who solicits prospects on the telephone Call us (+254) 722 22 99 44 Email polucon@polucon.com Our Laboratories Nairobi & Mombasa fort worth murders 1990s Home Services a producers secretary who solicits prospects on the telephone Micro-Biology Services Agri - Services Instrumentation Division Environment Division Which of the following describes a person who is NOT acceptable by an insurer at standard rates because of health history, occupation, or hobbies? How is a health provider reimbursed if they do NOT have an agreement in place with the insurance company? New Jersey insurance law requires eligible individuals to make an election to continue health insurance benefits within a MAXIMUM of _____ days after coverage termination, A _____ insurance company is one that was formed under the laws of a state other than New Jersey, All of the following are typically included in a life insurance policy illustration EXCEPT, Claims payable to a Disability Income insured, even when the insured can continue to work, are the result of a. XYZ Corp pays the tax-deductible insurance premiums for a key employee disability policy. d. A covered employee if terminated for grossmisconduct. _____ is NOT an element of valid contract, The automatic premium loan provision authorizes an insurer to withdraw from a policy's cash value at the amount of, Past due premiums that have not been paid by the end of the grace period. What happens to the coverage under a children's term rider when that child reaches a certain specified age? A producer has committed an insurance crime that violates US code 1033 (interstate commerce). Krissa purchases a 10-year level term life insurance policy that has a death benefit of $200,000. A domestic insurance company in Maryland MUST, Collecting premiums and paying them to the insurance company. Advertising material for a life insurance policy does NOT need to contain which of the following? Which of the following enables a life policy to be replaced with another life policy and results in the postponement of the tax consequence? The New Jersey Life and Health Insurance Guaranty Association is, Funded by assessments on member companies. Which of the following unfair trade practices involves a producer who makes public malicious statements about an insurer's financial condition? Replacement regulation is designed to protect the interests of, A health insurance policy that allows an insurer to change the policyowner's premiums, but NOT cancel the policy is called. Producer commissioners may NOT be paid to: B. Licensedand appointed producers who are sharing commissions. If he files an application for renewal before the expiration date, his license will, A Medicare Supplement policy can be cancelled by the insurer for, Recording the receipt and distribution of premiums due to an insurer is considered a producer's _________ responsibility. A disability income policy can prevent an insured from earning a higher income than if he/she were working by utilizing. c. Solve the equation f(x)=0, if possible. How much does Medicare Part B pay for physician fees? Percent frequency distribution for key variables. Temporarily Deposit the funds in a personal account. The ____of coverage describes policy features, benefits, exclusions and riders in a long-term care policy. A policyowner suffers an injury that renders him incapable of performing one or more important job duties. Her health policy most likely contains a(n). After passing the state Producer licensing exam, application for the license must be made within, How long must an insurance company keep record on life insurance replacement activity, An insurance company that is organized or chartered in a country other than the United States is defined as, Advertisements of insurance in a local newspaper, must be approved by, Which of the following actions may an insurance company NOT do in a health policy that contains a guaranteed renewable premium benefit, Increase the premiums on an individual basis, Continued coverage under COBRA would be provided to a(n), A covered employee is terminated for gross misconduct, In New Jersey, health insurance advertisements are required to contain the, The purpose of a coordination-of-benefits provision in group health accident and health plans is to, If an insured dies during the grace period with no premiums paid, The policy would be payable, minus the premium amount, A 10% excise tax is normally applied to an early withdrawal from an IRA. \text{Total current assets} & \underline{\hspace{8pt}144,000} & \underline{\hspace{8pt}151,000} \\ Higher than the typical whole life policy duringthe first few years and then lower than typical for the remainder. Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. a producers secretary who solicits prospects on the telephone. Unit 4 Assign Rubric Impact of Colonial Experience (2).pdf, 0B1FC21B-547A-410E-8D8F-64E2A8C35084.jpeg, My Path Assessment Editor _ WorldQuant University.pdf, Oral liquid 50 microgramsml Tablet 625 micrograms 250 micrograms epinephrine, spirit its source is what constitutes religion This can be traced to the, Write in a brief description for the bubbles with underlined words 2 Choose a, BUS 1021 Organizational Behavior (OB) Consulting Assignment.edited11.docx, lOMoARcPSD11771818 True or False The above plot shows clear evidence that the, 2 Non tariff barriers which are further classified into two categories a, CTS115 - Chapter 5 - Case Study - Denial of Service -Moss.docx, The fallacy described as a red herring is most similar to a False cause b, Copy of Algebra Unit 2, Concepts 1, 2, 3.pdf, The model is used to describe the interaction of external forces that affect an, EVM Presentation - Project Management .pptx, What is the shape usually used to refer to the curve that illustrates. The policyholder for a group health benefit plan is considered to be the, A Medicare Supplement policy can be cancelled by the insurer for, As of January 1, 2007, producer's license expires, Every two years on the last day of the producer's birth month, An insurer has the right to recover payment made to the insured from the negligent party. A producer's secretary who solicits prospects on the telephone Must be licensed as a producer Which of the following is a requirement for ANY change in an insurance application? Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. If Jay were to receive a fee for this advice (in addition to his commission), he MUST, Obtain a signed memorandum from the prospect acknowledging the amount of compensation. Terminally - ill life insurance policy owners may sell their policy at a discount to the third party. An example of a primary care physician would be an, A fee for service health insurance plan will normally cover. Vaginal plastic surgery is made up of two main procedures, external and . Which of the following basics is a producer's fiduciary responsibility? In the event of the employment termination, group health insurance can be kept if the EMPLOYEE pays the premiums, A health insurer must be provided with written proof of loss _____ days after the date of loss, A producer must notify the Commissioner within _____ days of a felony conviction. An agent is required to keep replacement forms on file for at LEAST _____ years, When a Medicare supplement policy is purchased during the open enrollment period, The policy must be issued regardless of health status, Have it's content approved by the Insurance Commissioner. The ________ has the right to renew a small employer health plan. An insurance company's trademark instead of the company's actual name, Using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy, Field underwriting performed by the producer involves, Completing the application and collecting initial premium. What is issued to each employee of an employerhealth plan? With a usual, customary, and reasonable fee, Which of these is NOT a qualifying event for Medicare, A. Jim recently sold his whole life insurance policy under a critical settlement contract. Tara the producer is delivering a specified disease insurance policy to a new policyowner. How many months can a life insurance policy normally be backdated from the date of application? 1980 camaro z28 for sale in canada; fixer upper homes for sale clarksville, tn; crossroads inn leechburg menu 1. All of these are responsibilities of the Commissioner EXCEPT, policy must be issued to XYZ, and a certificate must be issued to each employee, XYZ Corp was issued a group health policy for its employees. Which of the following is a reinstatement condition? An amount the premium would have purchased at the correct age. Which of the following enables a life policy to be replaced with another life policy and results in the postponement of the tax consequence? C. Normally graded over a period of 20 years. B. Protects insurers from an applicantsMisrepresentation, C. Protect consumers with guidelines regardingcredit reporting and distribution. How long is the Contestable Period for health insurance policies sold in Maryland? If she dies 15 years after the policy's inception date, how much will her beneficiary receive? We weren't able to detect the audio language on your flashcards. d. Individual disability income insurance premiums. How many employees must an employer have for a terminated employee to be eligible for COBRA? A producer may begin to solicit insurance ONLY. Which of these statements about Medicaid iscorrect? Whoregulates the quality of care provided by a health maintenance organization(HMO), a. Secretaryof department of health and mental hygiene, b. NationalAssociation of insurance commissioners, A.Secretary of the department of health and mental hygiene. The law that established insurance transactions regulated by the states is called. Determine whether the discriminant is positive, negative, or zero. The Commissioner must examine the financial affairs of each admitted insurer operating in Maryland at least once every how many years? D. Licensedproducers not appointed by an insurer. An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? Complete the sentence using each term once. Which of the following is NOT a required provision in an accident and health insurance policy? An individual can enroll in a Part C Medicare Advantage Plan at what time? \text{Bonds payable} & \hspace{13pt}60,000 & \hspace{13pt}50,000 \\ Twisting is an illegal act which involves, A producer does NOT have a fiduciary responsibility to. What geographic factor makes Antarctica's ice caps drier than deserts in Africa and Asia? 59 and owned account for a minimum of 10 years, B. c. Send receipt of payment to the commissioner, d. Forward Premiums to the insurer on a timely basics. An effort by an existing insurer to prevent replacement and continue existing Life Insurance in force is known as which of the following? A. Thepolicys elimination period is waived, B. Thetime frame for reinstating a lapsed policy is extended, C. Thepolicys probation period is earlier than the present, D. Thepolicy effective date is earlier than the present, D. The policy effective date is earlier than thepresent, Premiummode is a term used to describe the. The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to asA)twistingB)subrogationC)a life settlementD) coercion. At what age does the open enrollment period typically begin for Medicare Supplement coverage? how many javan rhinos are left 2022; aquifer tim winton prezi; bloody mary lady gaga roblox id; . Which of the following statements is TRUE about Medicaid? A. Timeperiod an insured must wait before coverage begins, B. Timeperiod a disabled person must wait before benefits are paid, C. Timeperiod after the policy issue date in which the provisions are stillcontestable, Inan insurance contract, the element that shows each party is giving something ofvalue is called. To be eligible for small employer group coverage, anemployee must work a MINIMUM of __ hoursI a typical week. A newborn is required to be covered for ______ days from the moment of birth. A life insurance policy sold in Maryland can be cancelled for nonfraudulent misstatements for up to, A person who has a contract with an insurance company to represent it, To a licensed producer who is appointed with the insurer. As beneficiary, he will pay ____ taxes on any money withdrawn. B.Change must be initialed by the applicant. Which of the following is NOT part of an insurance contact? \text{Cash and cash equivalents} & \$\ \hspace{5pt}48,000 & \$\ \hspace{5pt}57,000 \\ Insurable interest can be established sufficiently by sentimental attachment alone, A life insurance policy written on one contract for two people in which it is payable upon the first death is called. Maryland requires that a licensee completes___ hours of continuing education on the subject of ethics every reportingperiod. What may be the result of replacing an existing life insurance policy with a new one? Submit to the replacing insurer a list of the policies to be replaced. Which of the following topics needs to be discussed with this client? Who would most likely be coveredunder Workers Compensation? If an insurer refuses to pay a claim, how many days must the insured wait to take legal action against a health insurer after submitting written proof of loss? Which of the following is the likely result? What is the purpose of a disability income benefit? Upon delivery, she may be expected to collected all of the followingEXCEPT a(n), B. Signedimpairment rider acknowledgement, C. Modifiedapplication with a new signature, Oneof the most important considerations when replacing health insurance would bethe. A prorated death benefit based on the amount of insurance the insured's premiums would have been if purchased at the correct age, A guaranteed issue insurance policy has no, A single premium cash value policy can be described as, A policy that is paid up after only one payment. a producers secretary who solicits prospects on the telephone Welcome To Be Falcon Solutions Website Hotline & WhatsApp : +971556212280 | Landline : +97143873596 , +97167499398 james reynolds obituary popeyes vs chicken express do venmo requests expire yorba linda football maxpreps primary care physicians in cleveland ohio The greater of the accumulated cash value or the total premium paid. She recently replaced the policy with a new one that provides better coverage. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay, Paul is an employee who caught a disease unique to the trade in which he was exposed to. D. Willfullycollecting a premium that exceeds the amount of the actual premium. HIPPA considers which of the following as "individually identifiable health information"? An error was made on Erica's life insurance application. In the marketplace there are four various tiers of coverage, ranging from, bronze to platinum. Term, Whole, and universal lifeinsurance. This MANDATORY health policy provision states that the policy, including endorsements and attached papers, constitutes, The entire insurance contract between the parties, All of the following are elements of an insurance policy EXCEPT. When a qualified plan starts making payments to its recipient, which portion of the distributions is taxable? In what form do disability income policies typically pay benefits? In regards to a life insurance contract, which of the following statements is NOT true regarding the concept of insurable interest? The time limit for filing claim disputes is addressed in which provision of an accident and health policy? Which of these riders will pay a death benefit if the insured's spouse dies? The two plans are fee-for-service and. Whichtype of injury would NOT be covered under a health insurance policy? . Inwhich of the following situations would the insurer be liable for a loss? what happened to amy bailey happy healthy humble . Under this plan a, Adoption of a child (an uninsured, eligible employee who acquires a new dependent through marriage, birth, or adoption may qualify for special enrollment in a small employer's health benefit plan). a. Oneor more diagnostic, preventive, therapeutic, rehabilitative, maintenance orpersonal care services in a setting other than an acute care unit of ahospital. To be eligible for small employer group coverage, an employee must work a MINIMUM of ____ hours in a typical week. \text{Common stock} & \hspace{13pt}70,000 & \hspace{13pt}60,000 \\ Which situation accurately describes a reduced paid-up nonforfeiture option? Adoctor who accepts Medicare Assignment agree to which of the following ? Which of the following must be included in the advertisement? As of January 1, 2014, small group health insurance can be rated on the basis of. Shirley has a $500,000 10-year non-renewable level term life policy. A medicare supplement plan can be canceled by the insurer, Small employers who are sponsored by an insurer to provide group benefits to its employees are called, Health insurance involves two perils, accident and _____. An insurer may pay a commission in which of the following scenarios? Long-term care insurance and Medicare Supplement plans have a free-lock period of ______ days, A ______ insurance company is one that was formed under the laws of a state other than Maryland, they are both licensed in the same line of business, Two producers may share a commission ONLY if, Mary's Medicare Supplement policy had been in effect for 12 months. B. Guaranteedlifetime withdrawal benefit, D. Guaranteedminimum accumulation benefit. Her agent submitted the information to the insurance company on April 6. Determines what is paid by the primary and secondary insurers in the event of a claim, A producer has recently died and leaves behind a spouse. A Medicare Supplement policy may be cancelled by an insurer for which of the following reasons? What does the Consolidated Omnibus Budget Reconciliation Act (COBRA) OF 1985 allow an employee to do? Both May and John are injured. We understand that this must have been both very frustrating and disappointing. Whichof these benefit options would he choose?

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