Pennsylvania State Health and Life Insurance Exam
Study online at https://quizlet.com/_99tws3
1. Plan A Which of the following must be present in all medicare sup-
plement plans?
2. National Do not call registry What was created to keep telemarketers from calling con-
sumers who do not wish to be contacted?
3. Indemnity Which insurance principle states that if a policy allows for
greater compensation than the financial loss incurred, the
insured may only receive benefits for the amount lost?
4. Calls based from outside the Which of the following would not be considered an expec-
United States tation to the national do not call list?
5. A mutual insurer Insurance companies may be classified according to the le-
gal form of their ownership. The type of company organized
to return any surplus money to their policyholders is
6. Iron Which of the following is not a metal level of coverage offered
under the patient protection and affordable care act?
7. Prior to the time of application A long-term care shoppers guide must be presented at what
point
8. Medicare Which of the following programs is made up of 4 parts,
where the first part is paid for by FICA, and the second part
is financed by premiums and payroll taxes?
9. Be responsible for at least 25% A person applying for a manager or exclusive general agent
of total commissions collected license must meet all of the following criteria EXCEPT
by the office that he or she
manages
10. Sickness Which of the following is an example of a peril covered in an
accident and health insurance policy?
, Pennsylvania State Health and Life Insurance Exam
Study online at https://quizlet.com/_99tws3
11. Extended Term Which nonforfeiture option has the highest amount of insur-
ance protection?
12. Sudden and Unforeseen A person steps off a streetcar and trips and breaks his ankle.
This type of injury can be described as
13. Separate Accounts A domestic insurer issuing variable contracts must establish
one or more
14. Issuing sales material that are Which of the following best describes a misrepresentations?
exaggerated
15. Making derogatory oral state- Which of the following best describes the unfair trade prac-
ments about another's finan- tice of defamation?
cial conditions
16. Control Specialists costs The gatekeeper of an HMO helps
17. It would not occur in a deferred Which of the following is not true regarding the accumula-
annuity tion period of an annuity
18. Antibiotics Which of the following hospice expenses would not be cov-
ered in a cost-containment setting?
19. Predicted needs of the family Based on Human Life Value Approach, which of the following
after the insured's death is not used to calculate an individual's value of life?
20. Ownership What is the major difference between a stock company and
mutual company
21. Bail-out Which of the following provisions in annuity contracts allow
the owner to te surrender the annuity if interests rates drop
to a specified level.
Study online at https://quizlet.com/_99tws3
1. Plan A Which of the following must be present in all medicare sup-
plement plans?
2. National Do not call registry What was created to keep telemarketers from calling con-
sumers who do not wish to be contacted?
3. Indemnity Which insurance principle states that if a policy allows for
greater compensation than the financial loss incurred, the
insured may only receive benefits for the amount lost?
4. Calls based from outside the Which of the following would not be considered an expec-
United States tation to the national do not call list?
5. A mutual insurer Insurance companies may be classified according to the le-
gal form of their ownership. The type of company organized
to return any surplus money to their policyholders is
6. Iron Which of the following is not a metal level of coverage offered
under the patient protection and affordable care act?
7. Prior to the time of application A long-term care shoppers guide must be presented at what
point
8. Medicare Which of the following programs is made up of 4 parts,
where the first part is paid for by FICA, and the second part
is financed by premiums and payroll taxes?
9. Be responsible for at least 25% A person applying for a manager or exclusive general agent
of total commissions collected license must meet all of the following criteria EXCEPT
by the office that he or she
manages
10. Sickness Which of the following is an example of a peril covered in an
accident and health insurance policy?
, Pennsylvania State Health and Life Insurance Exam
Study online at https://quizlet.com/_99tws3
11. Extended Term Which nonforfeiture option has the highest amount of insur-
ance protection?
12. Sudden and Unforeseen A person steps off a streetcar and trips and breaks his ankle.
This type of injury can be described as
13. Separate Accounts A domestic insurer issuing variable contracts must establish
one or more
14. Issuing sales material that are Which of the following best describes a misrepresentations?
exaggerated
15. Making derogatory oral state- Which of the following best describes the unfair trade prac-
ments about another's finan- tice of defamation?
cial conditions
16. Control Specialists costs The gatekeeper of an HMO helps
17. It would not occur in a deferred Which of the following is not true regarding the accumula-
annuity tion period of an annuity
18. Antibiotics Which of the following hospice expenses would not be cov-
ered in a cost-containment setting?
19. Predicted needs of the family Based on Human Life Value Approach, which of the following
after the insured's death is not used to calculate an individual's value of life?
20. Ownership What is the major difference between a stock company and
mutual company
21. Bail-out Which of the following provisions in annuity contracts allow
the owner to te surrender the annuity if interests rates drop
to a specified level.
