XCEL Chapter 7 questions and answers graded A+ 2023
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Course
PCIP
Institution
PCIP
XCEL Chapter 7 questions and answers graded A+ 2023
The California Insurance Code defines "policy" as a(n)
written contract
The cost of services charged by the Health Insurance Counseling Advocacy Program (HiCap) is
no cost
Which of the following is NOT covered by the Family and Medical Leav...
XCEL Chapter 7 questions and answers graded A+ 2023
The California Insurance Code defines "policy" as a(n)
written contract
The cost of services charged by the Health Insurance Counseling Advocacy
Program (HiCap) is
no cost
Which of the following is NOT covered by the Family and Medical Leave Act
(FMLA)?
Traveling overseas with a spouse
Which of the following acts is NOT a Federal offense committed by an insurance
agent?
Misrepresentation on an insurance application
Which of the following is NOT a primary objective of insurance regulation?
Interpret policy provisions
Which type of jurisdiction requires an insurer to have its rates accepted by the
Insurance Department prior to using them?
Prior approval
What is the purpose of the Pre-Existing Condition Insurance Plan (PCIP)?
PCIP was created by the PPACA for people rejected by private health insurers due to
pre-existing conditions
According to PPACA, what is a health benefits exchange?
An entity to which individuals and small businesses can have access to affordable
health coverage
Which word implies permissiveness according to the California Insurance Code?
May
Which of the following does the California Insurance Code NOT require an
insurance policy to specify?
Insurer's financial rating
How many "activities of daily living" must an insured be UNABLE to perform in
order to meet the chronically ill requirement of a Long-Term Care policy?
Minimum of two activities of daily living
Which of the following is NOT considered to be an unfair claims settlement
practice?
Advising a claimant to hire an attorney
A person who asserts a right of recovery under an insurance policy is called
claimant
What is required after a life agent sells an insurance policy to an applicant
without being appointed by the insurer?
Notice of appointment must be submitted to the Commissioner
According to the California Insurance Code, what term is used to describe a fact
so important it could affect the policy premium?
Materiality
Which of the following actions is NOT allowed by Health Insurance Counseling
and Advocacy Program (HiCAP) counselors?
Charge a fee
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