MISSISSIPPI LIFE AND HEALTH
FINAL EXAM 2025 |GUARANTEED
ACCURATE ANSWERS
What kind of life insurance product covers children under their parent's
policy?
Family Maintenance rider
Term rider
Family Income rider
Payor benefit - ACCURATE ANSWERS✔✔ Term Rider
Under a trustee group life policy, who would be eligible for a certificate
of coverage?
Corporation
Employee
Employer
Labor union - ACCURATE ANSWERS✔✔ employee
,A producer must report to the Commissioner of Insurance any
administrative action or criminal charges taken against the producer
within __ days of the final disposition of the matter.
10
15
20
30 - ACCURATE ANSWERS✔✔ 30
The return of all or part of the commission to the insured by an
insurance producer as an inducement to purchase the insurance is known
as
twisting
redlining
rebating
misrepresentation - ACCURATE ANSWERS✔✔ rebating
Insurance producer licenses normally must be renewed every
six months
one year
two years
,three years - ACCURATE ANSWERS✔✔ two years
Which of the following phrases refers to the fees charged by a healthcare
professional?
Deductible
Coinsurance
Usual, customary, and reasonable expenses
Hospital expense - ACCURATE ANSWERS✔✔ Usual, customary, and
reasonable expenses
The situation in which a group of physicians are salaried employees and
conduct business in an HMO facility is called a(n)
closed panel
open panel
co-op panel
capitation panel - ACCURATE ANSWERS✔✔ closed panel
An accident policy will most likely pay a benefit for a(n)
self-inflicted injury
critical illness
, on-the-job accident
off-the-job accident - ACCURATE ANSWERS✔✔ off-the-job accident
B has a $100,000 Accidental Death and Dismemberment policy that
pays triple indemnity for common carrier death. If B is killed from an
accident on a commercial flight, what will the policy pay B's
beneficiary?
$100,000
$200,000
$300,000
$400,000 - ACCURATE ANSWERS✔✔ $300,000
An insurance company that replaces existing insurance must provide a
copy of which of the following documents to the existing insurance
company?
The new policy
The premium and interest figures for the proposed policy
A policy summary
The Notice Regarding Proposed Replacement of Life Insurance or
Annuity - ACCURATE ANSWERS✔✔ a policy summary
FINAL EXAM 2025 |GUARANTEED
ACCURATE ANSWERS
What kind of life insurance product covers children under their parent's
policy?
Family Maintenance rider
Term rider
Family Income rider
Payor benefit - ACCURATE ANSWERS✔✔ Term Rider
Under a trustee group life policy, who would be eligible for a certificate
of coverage?
Corporation
Employee
Employer
Labor union - ACCURATE ANSWERS✔✔ employee
,A producer must report to the Commissioner of Insurance any
administrative action or criminal charges taken against the producer
within __ days of the final disposition of the matter.
10
15
20
30 - ACCURATE ANSWERS✔✔ 30
The return of all or part of the commission to the insured by an
insurance producer as an inducement to purchase the insurance is known
as
twisting
redlining
rebating
misrepresentation - ACCURATE ANSWERS✔✔ rebating
Insurance producer licenses normally must be renewed every
six months
one year
two years
,three years - ACCURATE ANSWERS✔✔ two years
Which of the following phrases refers to the fees charged by a healthcare
professional?
Deductible
Coinsurance
Usual, customary, and reasonable expenses
Hospital expense - ACCURATE ANSWERS✔✔ Usual, customary, and
reasonable expenses
The situation in which a group of physicians are salaried employees and
conduct business in an HMO facility is called a(n)
closed panel
open panel
co-op panel
capitation panel - ACCURATE ANSWERS✔✔ closed panel
An accident policy will most likely pay a benefit for a(n)
self-inflicted injury
critical illness
, on-the-job accident
off-the-job accident - ACCURATE ANSWERS✔✔ off-the-job accident
B has a $100,000 Accidental Death and Dismemberment policy that
pays triple indemnity for common carrier death. If B is killed from an
accident on a commercial flight, what will the policy pay B's
beneficiary?
$100,000
$200,000
$300,000
$400,000 - ACCURATE ANSWERS✔✔ $300,000
An insurance company that replaces existing insurance must provide a
copy of which of the following documents to the existing insurance
company?
The new policy
The premium and interest figures for the proposed policy
A policy summary
The Notice Regarding Proposed Replacement of Life Insurance or
Annuity - ACCURATE ANSWERS✔✔ a policy summary
