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Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:
1. Which of the following factors is NOT used to determine if an injury qualifies for Workers' Compensation coverage?
A) Time of occurrence.
B) Place of occurrence.
C) Circumstances of injury.
D) Severity of injury.
2. A producer who knowingly submits a FALSE statement in support of a claim may be found guilty of
A) coercion.
B) rebating.
C) fraud.
D) twisting.
3. An insured has a 20-pay life policy with a paid-up dividend option. In this option, the insured may
A) pay up the policy early by using accumulated cash values.
B) pay up the policy early by using policy dividends.
C) use policy dividends to reduce the premium after 20 years.
D) waive premium payments until the policy has accumulated enough cash values to pay it up for 20 years.
4. Which one of the following types of benefits is often excluded from coverage under an HMO plan?
A) emergency services
B) in-patient surgeries
C) adult routine eye examinations
D) physical examinations
5. A producer's fiduciary responsibility includes which of the following activities?
A) Guaranteeing payment to insureds for losses covered by policies that the producer sold.
B) Providing needed insurance to prospective insureds through any sources that are available.
C) Property remunerating persons who furnish leads on prospects.
D) Recording the receipt and remitting of premiums due to an Insurer.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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