Maryland Portion of Practice Test A.
Latest Edition 2025-2026. Questions
with Correct Verified Answers. Graded
A
Agents are not required to be licensed if they sell: - ANS Selling Travel
Insurance does not require a license
All of the following relate to adopted children except: - ANS Adopted
children may not be excluded from coverage. They are covered the same
as natural born children.
An individual may not act as an insurance agent in Maryland without a: -
ANSAn agent may not sell insurance without a Certificate of Qualification.
Bob bought his health coverage through the Exchange and received
advance premium tax credits. But unfortunately, he didn't pay his premium
in full. At this time what would Bob enter into? - ANSIf a person bought
coverage through the insurance Health Exchange or Marketplace and
received advance premium tax credits and didn't pay their insurance
premium in full, then that individual would enter into a 90 day grace period
to pay their premiums.
1
, Dan, a licensed life producer, wrote a policy that covers the life of his
brother. Since the policy owner was related, Dan refunded his $230
commission earned on this policy to him. This is considered to be: - ANSIt
is an Unfair Trade of Rebating to offer anything of value worth more than
$25 in an insurance transaction.
Fair discrimination is allowed. Unfair discrimination is not. Select the choice
that is considered, "Unfair". - ANSMembers of the same classification pay
the same rate.
How long after Sandy received her Medicare Supplement does she have to
review it and return it if she is dissatisfied? - ANSA Medicare Supplement
has a 30 day Free Look period.
How long must an insured wait before taking legal action against their
insurer? - ANSLegal action against an insurer must be between 60 days
and 3 years after submitting proof of loss.
If a mistake was made on an application and later discovered by an insurer,
what is the time it is legal for that insurer to deny a claim based on an
applicant's correct information? - ANSTwo years after the issue date, no
misstatements on an application may be used to void or deny a claim for
loss.
Insurance laws and regulations are enacted by state legislatures to: -
ANSInsurance laws and regulations protect the public from being mislead.
2
Latest Edition 2025-2026. Questions
with Correct Verified Answers. Graded
A
Agents are not required to be licensed if they sell: - ANS Selling Travel
Insurance does not require a license
All of the following relate to adopted children except: - ANS Adopted
children may not be excluded from coverage. They are covered the same
as natural born children.
An individual may not act as an insurance agent in Maryland without a: -
ANSAn agent may not sell insurance without a Certificate of Qualification.
Bob bought his health coverage through the Exchange and received
advance premium tax credits. But unfortunately, he didn't pay his premium
in full. At this time what would Bob enter into? - ANSIf a person bought
coverage through the insurance Health Exchange or Marketplace and
received advance premium tax credits and didn't pay their insurance
premium in full, then that individual would enter into a 90 day grace period
to pay their premiums.
1
, Dan, a licensed life producer, wrote a policy that covers the life of his
brother. Since the policy owner was related, Dan refunded his $230
commission earned on this policy to him. This is considered to be: - ANSIt
is an Unfair Trade of Rebating to offer anything of value worth more than
$25 in an insurance transaction.
Fair discrimination is allowed. Unfair discrimination is not. Select the choice
that is considered, "Unfair". - ANSMembers of the same classification pay
the same rate.
How long after Sandy received her Medicare Supplement does she have to
review it and return it if she is dissatisfied? - ANSA Medicare Supplement
has a 30 day Free Look period.
How long must an insured wait before taking legal action against their
insurer? - ANSLegal action against an insurer must be between 60 days
and 3 years after submitting proof of loss.
If a mistake was made on an application and later discovered by an insurer,
what is the time it is legal for that insurer to deny a claim based on an
applicant's correct information? - ANSTwo years after the issue date, no
misstatements on an application may be used to void or deny a claim for
loss.
Insurance laws and regulations are enacted by state legislatures to: -
ANSInsurance laws and regulations protect the public from being mislead.
2
