SC Pearson Vue Life and Health insurance Exam: Missed
Questions with solutions 2026 | 2027
A policyowner has ___ days after policy delivery to return a
major medical policy for a full refund. - ANSWER 10
Which of the following actions is REQUIRED by a producer who
is replacing an existing life insurance policy? - ANSWER Submit
to the replacing insurer a list of the policies to be replaced
If a Medicare Supplement policy replaces another that had
been in effect for at least 6 months, the replacing policy may
impose which of the following time exclusions for pre-existing
conditions? - ANSWER 0 months
In South Carolina, health policies that are paid less-frequent
than monthly must provide a grace period of at least - ANSWER
7 days
A Fraternal Benefit Society has each of the following
characteristics EXCEPT - ANSWER Exists For profit
, Long-term care insurance and Medicare Supplement plans have
a free-look period of ___ days. - ANSWER 30
Long-term care insurance provides - ANSWER one or more
diagnostic, preventive, therapeutic, rehabilitative, maintenance,
or personal care services in a setting other than an acute care
unit of a hospital
An insurance producer is BEST described as someone who -
ANSWER sells, solicits, or negotiates insurance contracts for
compensation on behalf of an insurer
A non-authorized insurance company - ANSWER is not
protected by the Guaranty Fund
Defamation can be BEST described as - ANSWER making a
statement that is false or maliciously critical of the financial
condition of an insurer
A producer must report to the Director any administrative
action or criminal charges taken against the producer within __
days. - ANSWER 30
Questions with solutions 2026 | 2027
A policyowner has ___ days after policy delivery to return a
major medical policy for a full refund. - ANSWER 10
Which of the following actions is REQUIRED by a producer who
is replacing an existing life insurance policy? - ANSWER Submit
to the replacing insurer a list of the policies to be replaced
If a Medicare Supplement policy replaces another that had
been in effect for at least 6 months, the replacing policy may
impose which of the following time exclusions for pre-existing
conditions? - ANSWER 0 months
In South Carolina, health policies that are paid less-frequent
than monthly must provide a grace period of at least - ANSWER
7 days
A Fraternal Benefit Society has each of the following
characteristics EXCEPT - ANSWER Exists For profit
, Long-term care insurance and Medicare Supplement plans have
a free-look period of ___ days. - ANSWER 30
Long-term care insurance provides - ANSWER one or more
diagnostic, preventive, therapeutic, rehabilitative, maintenance,
or personal care services in a setting other than an acute care
unit of a hospital
An insurance producer is BEST described as someone who -
ANSWER sells, solicits, or negotiates insurance contracts for
compensation on behalf of an insurer
A non-authorized insurance company - ANSWER is not
protected by the Guaranty Fund
Defamation can be BEST described as - ANSWER making a
statement that is false or maliciously critical of the financial
condition of an insurer
A producer must report to the Director any administrative
action or criminal charges taken against the producer within __
days. - ANSWER 30
