MISSOURI LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
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LAWS AND RULES PERTINENT TO INSURANCE
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LAWS AND RULES PERTINENT TO INSURANCE
MISSOURI LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
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Health policies that contain coverage of low protein modified food products for treatment of PKU or any inherited disease of amino and organic acids require a reasonable coinsurance NOT to exceed...
missouri laws and rules pertinent to insurance exa
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LAWS AND RULES PERTINENT TO INSURANCE
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MISSOURI LAWS AND RULES PERTINENT TO
INSURANCE EXAM QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTIONS
50%
Health policies that contain coverage of low protein modified food products for treatment of PKU or any
inherited disease of amino and organic acids require a reasonable coinsurance NOT to exceed _______
of the cost of the formula or food products.
16
A licensee must complete ______ hours of continuing education every two years.
A producer guaranteeing a policy's dividends
Which of the following is considered to be misrepresentation?
Credit life
Which of the following types of individual policies does NOT require a policy summary be given?
is mandated by state requirements
The conversion provision in a group health insurance policy is
misrepresentation
,A producer is circulating incorrect information about the benefits of a policy. This producer may be found
guilty of
30
A producer must notify the Director within _____ days of a felony conviction
credit life
Insurance issued on a debtor to cover outstanding balances on installment loans is called
Selling shares of stock
Which of the following is NOT an example of "conducting insurance business"
Guaranteed Renewable
What is the required renewability status of all Medicare supplemnt policies?
Notify the Director of the replacement
During the course of a Medicare supplement sale T the agent determines there is an existing policy being
replaced. Which of these actions is T not required to perform?
Subsequent increases in benefits
The suicide provision for life policies would apply to
Licensee who commingles monies belonging to policyholders with personal funds
Which licensee faces possible license revocation by the Director of Insurance
Accidental Death and Dismemberment
Which of the following is NOT a required provision in a group life policy?
, Medically necessary treatment in accordance with a treatment plan
Health insurance coverage of autism spectrum disorder treatments may be limited in which way?
Sharing commissions with a producer licensed in the same line of business
Which of the following is NOT considered rebating?
Ensures that claims filed against insolvent insurance companies will be paid
What is the purpose of the Missouri Life and Health Insurance Guaranty Association?
Producer and applicant
Who signs a Notice Regarding Replacement form when an application is taken for a new life insurance
policy that replaces an existing one?
Resident Producer
Which of these individuals would require continuing education?
15
Once the insurance company receives a notice of claim, they have _____ days to send the claim form
Be licensed as an producer in the producer's state of domicile
Which of the following is a requirement to attain a nonresident producer license?
Producer sells a replacement policy that causes an insured to lapse an existing policy
Which of the following actions by a producer would NOT result in a license suspension or revocation?
nonresident
P is a producer who is licensed in Missouri but a resident of Nebraska. P is a(n) ______ producer.
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