Pennsylvania State Health and Life Insurance Exam.pdf file:///C:/Users/HP/Desktop/NIW/Pennsylvania%20State%20Health%
Pennsylvania State Health and Life Insurance Exam
1. Which of the following must be present in all medicare supplement plans?-
ANS Plan A
2. What was created to keep telemarketers from calling consumers who do notwish to be
contacted?
ANS National Do not call registry
3. Which insurance principle states that if a policy allows for greater compen-sation than
the financial loss incurred, the insured may only receive benefitsfor the amount lost?
ANS Indemnity
4. Which of the following would not be considered an expectation to thenational do
not call list?
ANS Calls based from outside the United States
5. Insurance companies may be classified according to the legal form of theirownership.
The type of company organized to return any surplus money to their policyholders is
ANS A mutual insurer
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6. Which of the following is not a metal level of coverage offered under thepatient
protection and affordable care act?
ANS Iron
7. A long-term care shoppers guide must be presented at what point
ANS Prior tothe time of application
8. Which of the following programs is made up of 4 parts, where the first partis paid for
by FICA, and the second part is financed by premiums and payroll taxes?
ANS Medicare
9. A person applying for a manager or exclusive general agent license must meet all of the
following criteria EXCEPT
ANS Be responsible for at least 25% of totalcommissions collected by the office that he or she
manages
10. Which of the following is an example of a peril covered in an accident andhealth
insurance policy?
ANS Sickness
11. Which nonforfeiture option has the highest amount of insurance protec-tion?
ANS Extended Term
12. A person steps off a streetcar and trips and breaks his ankle. This type ofinjury can be
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described as
ANS Sudden and Unforeseen
13. A domestic insurer issuing variable contracts must establish one or more-
ANS Separate Accounts
14. Which of the following best describes a misrepresentations?
ANS Issuing salesmaterial that are exaggerated
15. Which of the following best describes the unfair trade practice of defama-tion?
ANS Making derogatory oral statements about another's financial conditions
16. The gatekeeper of an HMO helps
ANS Control Specialists costs
17. Which of the following is not true regarding the accumulation period of anannuity
ANS It would not occur in a deferred annuity
18. Which of the following hospice expenses would not be covered in acost-
containment setting?
ANS Antibiotics
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