NJ Accident and Health Producer PRACTICE
EXAMS 2026 UPDATED EXAM ACTUAL EXAM 2
LATEST VERSIONS 50 QUESTIONS AND
CORRECT VERIFIED ANSWERS WITH
RATIONALES (100% CORRECT) A+ GRADED
ASSURED
A Basic Hospital Policy pays expenses for:
- hospital room and board
-physician office visits
-routine medical treatment
-surgical services - CORRECT ANSWER: -hospital room and board
BASIC HOSPITAL EXPENSE COVERS HOSPITAL ROOM AND BOARD WITH DAILY
LIMIT OF COVERAGE. BASIC SURGICAL PROCEDURES AND BASIC MEDICAL
COVERS OFFICE VISITS AND ROUTINE MEDICAL TREATMENT
a group conversion option may be used in all the following instances EXCEPT:
-loss of coverage due to loss of employment
-a life changing event, such as marriage, divorce, or childbirth
-the termination of the master policy
-loss of eligibility on the part of a class of insureds. - CORRECT ANSWER: - a life changing
event such as marriage, divorce, or childbirth
CONVERSION PRIVILEGE ALLOWS EMPLOYEES TO CONVERT FORM GROUP TO
INDIVIDUAL POLICY WITHOUT PROOF OF INSURABILITY UPON TERMINATION OF
ELIGIBILITY OR GROUP PLAN
, A life insurance policy may be returned for a cancellation and a full refund if it is returned NO
later than
-30 days after receipt by the policyholder
-30 days after the issue
-10 days after issue
-20 days after receipt by the policyholder - CORRECT ANSWER: -20 days after receipt by the
policyholder
A producer who makes false statements about the financial condition of an insurer may be found
guilty of
-fraud
-unfair discrimination
-defamation
-twisting - CORRECT ANSWER: -defamation
DEFAMATION IS AN ORAL OR WRITTEN STATEMENT MALICIOUSLY CRITICAL OF
THE FINANCIAL CONDITION OF A PERSON OR COMPANY
According to the Time Payment of Claims provision, the insurer must make the payment
immediately after receiving proof of loss EXCEPT:
- if the insured is able to eventually return to work
-if the death is suicide or due to a pre existing condition
-when the policy is in the incontestability period
-for claims involving periodic payments - CORRECT ANSWER: for claims involving periodic
payments
INSURERS MUST PAY LUMP SUM CLAIMS IMMEDIATELY AFTER RECEIVING PROOF
OF LOSS
All life insurance and health insurance contracts contain all of the following EXCEPT:
EXAMS 2026 UPDATED EXAM ACTUAL EXAM 2
LATEST VERSIONS 50 QUESTIONS AND
CORRECT VERIFIED ANSWERS WITH
RATIONALES (100% CORRECT) A+ GRADED
ASSURED
A Basic Hospital Policy pays expenses for:
- hospital room and board
-physician office visits
-routine medical treatment
-surgical services - CORRECT ANSWER: -hospital room and board
BASIC HOSPITAL EXPENSE COVERS HOSPITAL ROOM AND BOARD WITH DAILY
LIMIT OF COVERAGE. BASIC SURGICAL PROCEDURES AND BASIC MEDICAL
COVERS OFFICE VISITS AND ROUTINE MEDICAL TREATMENT
a group conversion option may be used in all the following instances EXCEPT:
-loss of coverage due to loss of employment
-a life changing event, such as marriage, divorce, or childbirth
-the termination of the master policy
-loss of eligibility on the part of a class of insureds. - CORRECT ANSWER: - a life changing
event such as marriage, divorce, or childbirth
CONVERSION PRIVILEGE ALLOWS EMPLOYEES TO CONVERT FORM GROUP TO
INDIVIDUAL POLICY WITHOUT PROOF OF INSURABILITY UPON TERMINATION OF
ELIGIBILITY OR GROUP PLAN
, A life insurance policy may be returned for a cancellation and a full refund if it is returned NO
later than
-30 days after receipt by the policyholder
-30 days after the issue
-10 days after issue
-20 days after receipt by the policyholder - CORRECT ANSWER: -20 days after receipt by the
policyholder
A producer who makes false statements about the financial condition of an insurer may be found
guilty of
-fraud
-unfair discrimination
-defamation
-twisting - CORRECT ANSWER: -defamation
DEFAMATION IS AN ORAL OR WRITTEN STATEMENT MALICIOUSLY CRITICAL OF
THE FINANCIAL CONDITION OF A PERSON OR COMPANY
According to the Time Payment of Claims provision, the insurer must make the payment
immediately after receiving proof of loss EXCEPT:
- if the insured is able to eventually return to work
-if the death is suicide or due to a pre existing condition
-when the policy is in the incontestability period
-for claims involving periodic payments - CORRECT ANSWER: for claims involving periodic
payments
INSURERS MUST PAY LUMP SUM CLAIMS IMMEDIATELY AFTER RECEIVING PROOF
OF LOSS
All life insurance and health insurance contracts contain all of the following EXCEPT:
