Washington laws and rules - Study guides, Class notes & Summaries

Washington Laws and Rules Pertinent to Insurance Exam

The Grace Period for an accident and health (disability) policy where the premiums are paid monthly is - ANSWER 10 days Newborn coverage for an accident and health (disability) family policy begins - ANSWER at the moment of birth Misrepresentation - ANSWER A licensee who informs an insured of inaccurate terms, benefits, or advantages of any policy is committing which of the following violations? Bronze, Silver, Gold, Platinum - ANSWER How are health plans classified according to the Aff...

Commissioner - ANSWER this is the chief officer of the WA insurance Department. This is an elected position serving a term of 4 years. This person also makes rules and regulations to help carry out the provisions of the WA insurance code Hearing - ANSWER The commissioner may hold one of these whenever deemed necessary. All must be held or refused within 30 days after the Commissioner receives demand. The commissioner must give notice of the time and place at least 10 days in advance Penalt...

XCEL Chapter 11 - Washington Laws And Rules (New) Questions And Answers With Verified Solutions Already Passed!!!

Violations of US Code Title 18 section 1033, may result in - ANSWER-Fine and/or imprisonment Charles is a producer who is licensed in Washington but resides in Oregon. Charles is considered to be a(n) - ANSWER-Nonresident producer Before a producer may sell, solicit, or negotiate insurance from an insurer, the producer must have a(n) - ANSWER-Appointment The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred t...

Washington Laws And Rules Pertinent To Insurance XCEL All Chapter Final Exams/ Insurance Part 2 Questions And Answers With Verified Solutions Already Passed!!!

XCEL - Chapter Exam - Washington Laws And Rules Pertinent To Insurance Questions And Answers With Verified Solutions Latest Updated 2024

Commissioner - ANS The Commissioner of Insurance is the chief officer of the Washington Insurance Department. This is an elected position serving a term of 4 years. The Commissioner also makes rules and regulations to help carry out the provisions of the Washington insurance code. Hearing - ANS The Commissioner may hold a hearing whenever deemed necessary. All hearings must be held or refused within 30 days after the Commissioner receives demand. The Commissioner must give notice of the...

The Grace Period for an accident and health (disability) policy where the premiums are paid monthly is - ANSWER 10 days Newborn coverage for an accident and health (disability) family policy begins - ANSWER at the moment of birth Misrepresentation - ANSWER A licensee who informs an insured of inaccurate terms, benefits, or advantages of any policy is committing which of the following violations? Bronze, Silver, Gold, Platinum - ANSWER How are health plans classified according to the Aff...

Washington Laws and Rules Pertinent to Insurance