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AFLAC Cram Exam Questions with 100% Correct Answers | Verified | Latest Update
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AFLAC Cram Exam Questions with 100% Correct Answers | Verified | Latest Update
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AFLAC Cram Exam Questions with 100%Correct Answers | Verified | Latest
Update
AccordingitoitheiEntireiContractiChangesiprovisioniforihealthipolicies,iw
hatiisirequirediforiaichangeitoiaipolicyitoibeivalid?
a.iTheipolicy,iexcludingiendorsementsiandiattachedipapers,imusticonsti
tuteitheientireicontractiofiinsurance
b.iChangesiinitheipolicyimustibeiapprovedibyianiexecutiveiofficeriofitheii
nsurer,iendorsed,iandiattacheditoitheipolicy
i
c.iChangesimustibeinotarizediandiattacheditoitheipolicy
d.iProducersimustireviewitheioriginalipolicyiprovisionsiandiendorseitheic
hangesithatiareiattacheditoitheipolicyi-iCorrectiAnswer-
b.iChangesiinitheipolicyimustibeiapprovedibyianiexecutiveiofficeriofitheii
nsurer,iendorsed,iandiattacheditoitheipolicy
Theihealthiinsuranceiprogramiwhichiisiadministeredibyieachistateiandif
undedibyibothitheifederaliandistateigovernmentsiisicalled
a.iLong-termicare
,b.iMedicaid
c.iMedicareiSupplementaliProgram
d.iMedicarei-iCorrectiAnswer-b.iMedicaid
AccordingitoiTennesseeiinsuranceilaw,iani"individual"iisidefinediasiai"pe
rson"iandialsoiincludes
a.ianiindividual'sientireifamily
b.ianiindividual'sidependentsionly
c.ianiindividual'silegalirepresentative
d.iaibusinessientityi-iCorrectiAnswer-
c.ianiindividual'silegalirepresentative
MedicareiPartiAiandiPartiBidoiNOTipayifor
a.identaliwork
b.ihospitalization
c.iskilledinursingicare
d.iphysicalitherapyi-iCorrectiAnswer-a.identaliwork
WhichiofitheifollowingiisiNOTianiexampleiofiaiproducer'sibreachiofifiduci
aryiduty?
,a.iMisappropriationiofipremiums
b.iConversioniofipremiums
c.iImproperiwithholdingiofipremiums
d.iAllowingipremiumsitoibeisubmittedielectronicallyi-iCorrectiAnswer-
d.iallowingipremiumsitoibeisubmittedielectronically
AiproduceriviolatesiinsuranceilawsianditheiCommissionerirevokesitheipr
oducer'silicense.iWhichistatementiisitrueiaboutifinesithaticanibeiimpose
d?
a.iThereiisinoilimititoitheifine:itheiamountiisiatitheidiscretioniofitheiCom
missioner
b.iIfiaiproducer'silicenseiisirevoked,inoifurtheripenaltyicanibeiassessed
c.iTheimaximumifineiperiviolationiisi$1,000
d.iFinesicanionlyibeiimposediifiailicenseiisisuspended,inotirevokedi-
iCorrectiAnswer-c.iTheimaximumifineiperiviolationiisi$1,000
Whichiofitheifollowingiisitheireimbursementiofibenefitsiforitheitreatme
ntiofiaibeneficiary'siinjuriesicausedibyiaithirdiparty?
a.iIndemnity
, b.iSubrogation
c.iLegaliaction
d.iConsiderationi-iCorrectiAnswer-B.iSubrogation
Bihasiai$100,000iAccidentaliDeathiandiDismembermentipolicyithatipaysi
tripleiindemnityiforicommonicarrierideath.iIfiBiisikilledifromianiaccidenti
oniaicommercialiflight,iwhatiwillitheipolicyipayiB'sibeneficiary?
a.$100,000
b.$200,000
c.$300,000
d.$400,000i-iCorrectiAnswer-C.i$300,000
AniinsuranceicompanyiformediunderitheilawsiofiaistateiotherithaniTenn
esseeiisiknowniiniTennesseeias
a.iaidomesticicompany
b.ianialienicompany
c.iaiforeignicompany
d.iaistockicompanyi-iCorrectiAnswer-C.iaiforeignicompany
IfitheiCommissioneriwishesitoiconductiaihearingiregardingiaiproducer,
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