Chapter exam- Alabama laws and rules
In Alabama, all health maintenance organizations must:
Have a complaint system to resolve written complaints from enrollees.
An insurance producer who offers a potential client something of value as an
incentive to purchase insurance is engaging in:
Rebating
Medicare supplement policies marketed in Alabama:
Cannot offer benefits that simply duplicate Medicare benefits
Cannot be more restrictive than Medicare
Cannot treat a loss due to injury differently than a loss due to illness
All of these
Which of these is NOT considered a form of advertisement in Alabama
A producer sending a Christmas card to a client
Alabama's head off the department of insurance does not have the power to
Promulgate insurance laws
In Alabama when are newborns covered under a health policy
The moment of birth
If an insured commits suicide, a life insurance policy's face amount will be paid
only after the policy has been in force for atleast:
Two years
An insurance company licensed to do business in Alabama, but incorporated in
another state is called:
Foreign company
According to Alabama law, a minor:
Age 18 can being receiving life insurance death benefits up to 3,000 per year
The minimum grace period for a life insurance policy sold in Alabama is:
30 days
Which statement concerning Alabama's life insurance solicitation regulations is
true?
A life insurance illustration must contain information regarding the non
guaranteed elements of a policy over time.
A buyers guide explains the purpose and structure of various policies available.
A buyers guide and policy summary must be provided to an applicant prior to
policy delivery.
All of these
The commissioner of insurance may NOT do which of the following?
Change insurance laws
A disability policy in Alabama that is paid on a monthly basis is required to have
a grace period of:
10 days
In Alabama, all health maintenance organizations must:
Have a complaint system to resolve written complaints from enrollees.
An insurance producer who offers a potential client something of value as an
incentive to purchase insurance is engaging in:
Rebating
Medicare supplement policies marketed in Alabama:
Cannot offer benefits that simply duplicate Medicare benefits
Cannot be more restrictive than Medicare
Cannot treat a loss due to injury differently than a loss due to illness
All of these
Which of these is NOT considered a form of advertisement in Alabama
A producer sending a Christmas card to a client
Alabama's head off the department of insurance does not have the power to
Promulgate insurance laws
In Alabama when are newborns covered under a health policy
The moment of birth
If an insured commits suicide, a life insurance policy's face amount will be paid
only after the policy has been in force for atleast:
Two years
An insurance company licensed to do business in Alabama, but incorporated in
another state is called:
Foreign company
According to Alabama law, a minor:
Age 18 can being receiving life insurance death benefits up to 3,000 per year
The minimum grace period for a life insurance policy sold in Alabama is:
30 days
Which statement concerning Alabama's life insurance solicitation regulations is
true?
A life insurance illustration must contain information regarding the non
guaranteed elements of a policy over time.
A buyers guide explains the purpose and structure of various policies available.
A buyers guide and policy summary must be provided to an applicant prior to
policy delivery.
All of these
The commissioner of insurance may NOT do which of the following?
Change insurance laws
A disability policy in Alabama that is paid on a monthly basis is required to have
a grace period of:
10 days
