Page 1 of 57
NJ HEALTH AND ACCIDENTAL PRACTICE FINAL EXAM
EXCEL SOLUTIONS NEWEST ACTUAL EXAM 2
VERSIONS COMPLETE 280 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+
A long-term care policy typically provides all of the following
levels of care EXCEPT
Skilled care
Intermediate care
Acute care
Custodial care ......ANSWER........acute care
All of the following are included as part of a contract in the
entire contract provision EXCEPT the:
Riders
application
,Page 2 of 57
Changes made by the producer ......ANSWER........changes made
by the producer
An insurance company may ONLY pay a sales commission to:
Individuals who are residents of this state for at least 5 years
Individuals who are registered with the NAIC
Individuals licensed by the state
Individuals who are gainfully employment by that insurance
company ......ANSWER........Individuals licensed by the state
The law established insurance transactions should be regulated
by the states is called the
McCarran-Ferguson Act
Mccain-Feingold act
Fair credit Reporting Act
Paul vs Virginia ......ANSWER........McCarren-Ferguson Act
,Page 3 of 57
In a group medical expense health insurance plan, coverage for
alcoholism is treated as: ......ANSWER........Any other illness,
sickness or disease
A producer must notify the Commissioner within ___ days of a
felony conviction.
15
30
45
60 ......ANSWER........30
The purpose of Medicare Supplement Insurance is to address
gaps in Medicare coverage, which can include?
Medicare in hospital deductible
replacing HMO coverage
Covering chiropractic treatment
Treatment provided in a government hospital
......ANSWER........Medicare in-hospital deductible
, Page 4 of 57
in in New Jersey, health insurance advertisements are required
to contain the
Insurance company's trademark
Insurance company's name
Insurance company's AM Best rating
Insurance company's current standing with the better business
Bureau ......ANSWER........Insurance company's name
States that have "no loss no gain" laws require a replacing
policy to....
Keep the same type if coverage as the policy it replaces
Not change a different premium from the policy if replaces
pay for half of any ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
......ANSWER........Pay for ongoing claims under the policy it
replaces
NJ HEALTH AND ACCIDENTAL PRACTICE FINAL EXAM
EXCEL SOLUTIONS NEWEST ACTUAL EXAM 2
VERSIONS COMPLETE 280 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+
A long-term care policy typically provides all of the following
levels of care EXCEPT
Skilled care
Intermediate care
Acute care
Custodial care ......ANSWER........acute care
All of the following are included as part of a contract in the
entire contract provision EXCEPT the:
Riders
application
,Page 2 of 57
Changes made by the producer ......ANSWER........changes made
by the producer
An insurance company may ONLY pay a sales commission to:
Individuals who are residents of this state for at least 5 years
Individuals who are registered with the NAIC
Individuals licensed by the state
Individuals who are gainfully employment by that insurance
company ......ANSWER........Individuals licensed by the state
The law established insurance transactions should be regulated
by the states is called the
McCarran-Ferguson Act
Mccain-Feingold act
Fair credit Reporting Act
Paul vs Virginia ......ANSWER........McCarren-Ferguson Act
,Page 3 of 57
In a group medical expense health insurance plan, coverage for
alcoholism is treated as: ......ANSWER........Any other illness,
sickness or disease
A producer must notify the Commissioner within ___ days of a
felony conviction.
15
30
45
60 ......ANSWER........30
The purpose of Medicare Supplement Insurance is to address
gaps in Medicare coverage, which can include?
Medicare in hospital deductible
replacing HMO coverage
Covering chiropractic treatment
Treatment provided in a government hospital
......ANSWER........Medicare in-hospital deductible
, Page 4 of 57
in in New Jersey, health insurance advertisements are required
to contain the
Insurance company's trademark
Insurance company's name
Insurance company's AM Best rating
Insurance company's current standing with the better business
Bureau ......ANSWER........Insurance company's name
States that have "no loss no gain" laws require a replacing
policy to....
Keep the same type if coverage as the policy it replaces
Not change a different premium from the policy if replaces
pay for half of any ongoing claims under the policy it replaces
Pay for ongoing claims under the policy it replaces
......ANSWER........Pay for ongoing claims under the policy it
replaces
