RI Pre-Licensing Life & Health Insurance
In the event that an insured's premium is not paid by the Coverage will continue for not more than a maximum of 31 days, beyond which
due date, the result will be... time the policy will lapse
A Medicare Supplement policy may be cancelled for The insured fails to pay the premium
which of the following reasons?
Which type of insurance company allows their policy Mutual
owners to elect a governing body?
When the Insurance Commissioner deems the public Not to exceed a max of 180 days without requiring an examination
interest would best be served by the issuance of a
temporary license the commissioner may issue the
license for a period
In a life insurance transaction when must the Prior to the sales presentation
producer disclose the name of the insurer?
A life insurance policy owner may sell their policy to a(n) Viatical Settlement Provider
________in order to receive a percentage of the policy's
face value
Variable life products require a producer to Hold a Life insurance license and securities license
In the course of making a sales presentation, a producer The Rhode Island Guaranty Association will protect you
may not say ...
The director of Business Regulation CANNOT take which Activate an insurer's financial reserves
of the following actions?
, Life and Health Producers, who hold Property Total of 24 credit hours in Life and Health or Property Casualty. 3 of which must be
Casualty authority , are required to complete timely in ethics
continuing education credits in order to renew their
license. Which of the following requirements must be
satisfied?
The Director of Business Regulation may revoke a Sharing of commissions
producer's license upon the finding of...
The Dept. of Business Regulations may revoke a Violating an insurer's internal control requirements
producer's license for each of the following offenses
EXCEPT:
Advertisement for Accident and Health insurance can be Company's financial rating
considered all of the following EXCEPT
The waiting period for a pre-existing condition under a 6 months
Medicare Supplement policy may NOT go beyond
If an application for producer license is denied, the 30 days
applicant may make a written request for a hearing to
appeal this decision within
In Rhode Island, replacement forms are required to be Annual Renewable Term (ART) Insurance
obtained for the replacement of which of the following
According to the Affordable Care Act a dependent Age (up until 26)
child's eligibility status is determined by
Defamation may be described as which of the following Brochures the malign the financial standing of the admitted insurer
Under Rhode Island law, a producer may NOT state Mutual insurers pay dividends just as though you held stock in the company
which of the following
Which of the following statements is a producer not "If my company fails to pay a claim, the Guarantee Association will pay"
permitted to say
In order to renew a producer's license in Rhode Residents holding a license for 25 consecutive years and are under the age of 55
Island, continuing education credits are required for at time of renewal
each of the following EXCEPT:
An unemployed Medicare enrollee suffers 3 hospital Medicare Supplement
admissions in the course of a year. Which of the following
health plans provides the BEST method of coverage for
excess hospital charges?
Advising a proposed insured that the required premium is Misrepresentation
lower than it actually would be, given the current
rate classification is an example of
In the event that an insured's premium is not paid by the Coverage will continue for not more than a maximum of 31 days, beyond which
due date, the result will be... time the policy will lapse
A Medicare Supplement policy may be cancelled for The insured fails to pay the premium
which of the following reasons?
Which type of insurance company allows their policy Mutual
owners to elect a governing body?
When the Insurance Commissioner deems the public Not to exceed a max of 180 days without requiring an examination
interest would best be served by the issuance of a
temporary license the commissioner may issue the
license for a period
In a life insurance transaction when must the Prior to the sales presentation
producer disclose the name of the insurer?
A life insurance policy owner may sell their policy to a(n) Viatical Settlement Provider
________in order to receive a percentage of the policy's
face value
Variable life products require a producer to Hold a Life insurance license and securities license
In the course of making a sales presentation, a producer The Rhode Island Guaranty Association will protect you
may not say ...
The director of Business Regulation CANNOT take which Activate an insurer's financial reserves
of the following actions?
, Life and Health Producers, who hold Property Total of 24 credit hours in Life and Health or Property Casualty. 3 of which must be
Casualty authority , are required to complete timely in ethics
continuing education credits in order to renew their
license. Which of the following requirements must be
satisfied?
The Director of Business Regulation may revoke a Sharing of commissions
producer's license upon the finding of...
The Dept. of Business Regulations may revoke a Violating an insurer's internal control requirements
producer's license for each of the following offenses
EXCEPT:
Advertisement for Accident and Health insurance can be Company's financial rating
considered all of the following EXCEPT
The waiting period for a pre-existing condition under a 6 months
Medicare Supplement policy may NOT go beyond
If an application for producer license is denied, the 30 days
applicant may make a written request for a hearing to
appeal this decision within
In Rhode Island, replacement forms are required to be Annual Renewable Term (ART) Insurance
obtained for the replacement of which of the following
According to the Affordable Care Act a dependent Age (up until 26)
child's eligibility status is determined by
Defamation may be described as which of the following Brochures the malign the financial standing of the admitted insurer
Under Rhode Island law, a producer may NOT state Mutual insurers pay dividends just as though you held stock in the company
which of the following
Which of the following statements is a producer not "If my company fails to pay a claim, the Guarantee Association will pay"
permitted to say
In order to renew a producer's license in Rhode Residents holding a license for 25 consecutive years and are under the age of 55
Island, continuing education credits are required for at time of renewal
each of the following EXCEPT:
An unemployed Medicare enrollee suffers 3 hospital Medicare Supplement
admissions in the course of a year. Which of the following
health plans provides the BEST method of coverage for
excess hospital charges?
Advising a proposed insured that the required premium is Misrepresentation
lower than it actually would be, given the current
rate classification is an example of
