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Pearson Vue State Health Insurance Practice Exam Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test

Health contracts are prepared by insurers and must be accepted by the insured on an 'as is' basis. This described what aspect of a health insurance contract? - ANSWER Contract of Adhesion If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notified of the investigation? - ANSWER The applicant. What are the two types of expenses that are covered by health insurance? - ANSWER Expenses related to heal...

Pennsylvania State Health and Life Insurance Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass (2024 / 2025)

CH 10 VA State Health and Insurance Exam Question and answers correctly solved 2024What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Joint Legislative Audit and Review Commission - correct answer A) The State Corporation Commission The State Corporation Commission, referred to as "the Commission," issues the rules ...

Pearson Vue State Health Insurance Practice Exam questions with 100- correct answers

FIELD UNDERWRITING PROCEDURES - Answer AGENT/PRODUCER Insurable Interest - Answer policy owner who faces losing something of value in the event of a loss Insurer - Answer principle Contract Law - Answer Elements of a Contract Agreement - Answer Acceptance & Offer Offer - Answer made when application is submitted Acceptance - Answer Insurer's Underwriter approves and issues the policy Consideration - Answer Insured pays the premium and the representations mad...

Pearson Vue State Health Insurance Practice Exam Questions and Answers An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A.is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of kin B.is taking insurance courses at a university B. is taking insurance courses at a university C.has met the minimum experience requirement C. has met the minimum experience requirement D.hol...

CH 10 VA State Health and Insurance Exam (Virginia Statutes and Regulations Common to All Lines) Q&A. Terms like: What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Joint Legislative Audit and Review Commission - Answer: A) The State Corporation Commission

Florida State Health Insurance Test questions and answers already graded A+ 2024/2025

What phase begins after a new policy is delivered? - Answer- Free-Look Period. This period allows the insured to review the policy and return it for a refund of the premium within a certain time interval. Which of the following protects consumers against the circulation of inaccurate or obsolete personal or financial information? - Answer- The Fair Credit Reporting Act Ensures that consumer reporting agencies are fair and equitable in their treatment of consumers. Which of the follo...