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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

SectionObjectives
Accident and Health Insurance- Health insurance plans and structures
- Disability income and medical expense coverage
Policy Provisions and Options- Standard policy provisions
- Beneficiaries and policy ownership
State Insurance Regulations- Unfair trade practices and compliance
- Producer licensing requirements
Ethics and Professional Conduct- Ethical responsibilities of insurance producers
- Consumer protection standards
Life Insurance- Types of life insurance policies
  • 1. Whole life insurance
    • 2. Universal life insurance
      • 3. Term life insurance
        - Life policy provisions and riders
        Insurance Fundamentals- Basic insurance principles
        - Insurable interest and risk management concepts
        Federal Regulations and Taxation- Tax treatment of insurance products
        - Federal insurance-related regulations
        Annuities- Accumulation and payout options
        - Annuity types and features

        Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:

        Which one of the following causes of loss typically is EXCLUDED under a disability income insurance policy?

        • A. Cancer
        • B. Intentionally self-inflicted injuries
        • C. Tropical disease
        • D. Auto accidents
        Answer: B

        Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

        In general practice, which one of the following is true of the powers of the Maryland Insurance Administration with respect to access to a producer's business records?

        • A. The Maryland Insurance Administration has no right to access a producer's business records because of privacy considerations
        • B. Records can only be accessed by an order of a state court
        • C. Authorization must come from the National Association of Insurance Commissioners
        • D. Records must be produced upon the request of the Maryland Insurance Administration
        Answer: D

        Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

        Advertisements in general shall be:

        • A. Clear only by implication
        • B. Approved by the Insurance Commissioner
        • C. Truthful
        • D. Clear only by familiarity with insurance terminology
        Answer: C

        Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

        How often must insurance licensees subject to continuing education meet the educational requirements?

        • A. Every three years
        • B. There is no requirement
        • C. Each year
        • D. Every two years
        Answer: D

        Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

        The Maryland Health Insurance Plan is designed to provide comprehensive health benefits for:

        • A. Medically uninsurable Maryland residents
        • B. Senior citizens residing in Maryland
        • C. Children of low-income Maryland residents
        • D. Low-income residents of Maryland
        Answer: A

        Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

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