MISSOURI LIFE AND HEALTH INSURANCE LICENSE: STATE LAWS EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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MISSOURI LIFE AND HEALTH INSURANCE LICENSE
Institution
MISSOURI LIFE AND HEALTH INSURANCE LICENSE
MISSOURI LIFE AND HEALTH INSURANCE LICENSE: STATE LAWS EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
A health policy must cover a newborn child for how many days after birth? - Precise Answer 31 days
A producer's license may be revoked or suspended for all of these reasons, except: - Precise ...
MISSOURI LIFE AND HEALTH INSURANCE LICENSE: STATE LAWS EXAM
2024/2025 WITH 100% ACCURATE SOLUTIONS
A health policy must cover a newborn child for how many days after
birth? - Precise Answer ✔✔31 days
A producer's license may be revoked or suspended for all of these
reasons, except: - Precise Answer ✔✔Being charged with a felony
A producer's license renews _______ on the producer's birth date. -
Precise Answer ✔✔Biennially
A producer's license will not be revoked for which of the following? -
Precise Answer ✔✔Unknowingly accepted business from an unlicensed
individual
According to Missouri's suicide exclusion, under what circumstances
would the insurer be required to refund premium payments? - Precise
Answer ✔✔The insurer must refund all premiums if the insured dies by
suicide within 1 year of the policy issue date
An administrator of a utilization review program must be which of the
following? - Precise Answer ✔✔Medical doctor
, An example of ___________ is charging a lower rate to one individual
who lives in a certain geographic location in which others are charged
the correct higher rate. - Precise Answer ✔✔Unfair discrimination
An insurer can pay commissions to any agent, except which of the
following? - Precise Answer ✔✔Agent who assumes less than 5% of the
insurance risk
An LTC policy that only allows the insurer to increase a policy premium
if it increases the premiums for all policies issued to the same class of
individuals is considered: - Precise Answer ✔✔Guaranteed renewable
Choose the incorrect advertising standard for health policies in Missouri.
- Precise Answer ✔✔Advertisements for an insurer can display any logo
Every insurer writing business in Missouri must receive a __________
from the Director. - Precise Answer ✔✔Certificate of Authority
For an expedited review of the insurer's determination of a grievance,
within how many hours must the insurance company notify an enrollee?
- Precise Answer ✔✔72
Graded Death benefits may grade in excess of the first 3 years for ages
up to 65 as long as the first-year death benefit is at least ____________.
- Precise Answer ✔✔50%
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