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Which of these statements about Medicaid iscorrect? Kathy pays a monthly premium on her health insurance policy. A medicare supplement plan can be canceled by the insurer, Small employers who are sponsored by an insurer to provide group benefits to its employees are called, Health insurance involves two perils, accident and _____. Registered for the state insurance examination. Which of these premium payment frequencies is not typically available to a policy owner? The names of the insurance companies represented by the producer. A producer who sells an individuallife insurance policy in Maryland MUST deliver to the policy owner a(n), b. Who is the individual paid on a fee-for-service basis? To be eligible for small employer group coverage, an employee must work a MINIMUM of ____ hours in a typical week. Which of the following statements is CORRECT regarding an individual applying for life or health insurance? A whole life policy option where extended term insurance is selected is called a(n). At what age can she begin to receive distributions without a tax penalty? Which of the following is NOT part of an insurance contract? Producers must complete a total of ____ continuing education credits for each two-year licensing period. What is the maximum fine for a producer violating a New Jersey Insurance law for the first time? yabombay Flashcards | Quizlet Over the course of a year, which premium payment mode is most expensive? Which of the following statements is TRUE? B. Gainsare tax exempt at distribution. What does the consolidated Omnibus Budget Reconciliation ACT (COBRA) of 1985 allow an employee to do? All Medicare Supplement policies MUST contain which provision? 1980 camaro z28 for sale in canada; fixer upper homes for sale clarksville, tn; crossroads inn leechburg menu Mikehas inherited his fathers traditional IRA. Upon receiving a producer complaint, the Commissioner may immediately A producer may begin to solicit insurance ONLY when, A.) We weren't able to detect the audio language on your flashcards. An individual can enroll in a Part C Medicare Advantage Plan at what time? The entity which issues the certificate of authority is the, A policyowner has _____ days after policy delivery to return a major medical policy for a full refund, make any transactions before being approved for a licence, counsels and advises the Governor on all matters assigned to the Maryland Insurance Administration, A Maryland insurance producer solicits an insurance policy. Pierre MUST remit the premium to his insurer within ___ business days of receipt. In event of acontroversy between the insured and the company, the producer is considered to representthe. Which rider would pay a monthly amount because of this disability? Determines what is paid by the primary and secondary insurers in the event of a claim, A producer has recently died and leaves behind a spouse. Please sign in to share these flashcards. Advertising material for a life insurance policy does NOT need to contain which of the following? The law that established insurance transactions regulated by the states is called. The replacing policy may only impose a ____ month time exclusion for pre-existing conditions, forward premiums to the insurer on a timely basis, When collecting insurance premiums from a client, a producer MUST, Once a health insurance policy has been in force for _______ years, the policy may NOT be contested by the insurer, cancelling a term life policy to buy a whole life policy, All of these types of benefits may be covered by a nonprofit health service plan EXCEPT, have it's content approved by the commissioner.