Practice Accident-and-Health-or-Sickness-Producer Test Online, Accident-and-Health-or-Sickness-Producer Reliable Dumps
Practice Accident-and-Health-or-Sickness-Producer Test Online, Accident-and-Health-or-Sickness-Producer Reliable Dumps
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Accident-and-Health-or-Sickness-Producer Exam Questions - MarylandAccident and Health or Sickness Producer Series 20-24 Exam Exam Cram & Accident-and-Health-or-Sickness-Producer Test Guide
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Maryland Insurance Administration MarylandAccident and Health or Sickness Producer Series 20-24 Exam Sample Questions (Q82-Q87):
NEW QUESTION # 82
A certificate of insurance in a group accident and health plan is:
- A. Issued to the employer for each insured location
- B. A binding contract between the employer and the insurer
- C. Evidence of the employee's insurance coverage
- D. A binding contract between the employee and the insurer
Answer: C
Explanation:
The certificate (Insurance Article, § 15-1207) provides employees with evidence of coverage under the group plan, not a binding contract (master policy) or employer-specific by location. It summarizes benefits for clarity.
References:Maryland Insurance Article, § 15-1207; MIA group insurance rules.
NEW QUESTION # 83
The entire contract provision in an individual accident and health insurance policy states that the producer:
- A. Has company authority to waive any contract provisions
- B. May waive only certain contract provisions
- C. Has company authority to change the policy
- D. Has no authority to change the policy or waive any of its provisions
Answer: D
Explanation:
The entire contract provision (Insurance Article, § 15-207) defines the policy and application as the full agreement, barring producers from altering or waiving terms. Only the insurer has such authority.
References:Maryland Insurance Article, § 15-207; MIA policy standards.
NEW QUESTION # 84
All of the following are considered to be fraud EXCEPT:
- A. Collecting a proper premium for insurance that is provided
- B. Collecting a premium for insurance that is not provided
- C. Collecting a charge for insurance that is less than the charge applicable to that insurance
- D. Willfully collecting a premium that exceeds the amount of the premium
Answer: A
Explanation:
Fraud involves intentional deception for gain (Insurance Article, § 27-401). Overcharging, undercharging deceptively, or charging for nonexistent coverage are fraudulent. Collecting the proper premium for provided insurance is a legitimate transaction and not fraud, making it the exception.
References:Maryland Insurance Article, § 27-401, § 27-212; MIA fraud regulations.
NEW QUESTION # 85
Group health insurance contracts providing coverage for employees in more than one state are usually controlled by the laws of the state where:
- A. The producer resides
- B. The master contract is issued
- C. The application is signed
- D. The majority of employees reside
Answer: B
Explanation:
Multi-state group plans (Insurance Article, § 15-1202) are governed by the state where the master contract is issued, typically the employer's home state, ensuring consistent legal oversight regardless of employee location or producer residence.
References:Maryland Insurance Article, § 15-1202; MIA multi-state group rules.
NEW QUESTION # 86
When a producer engages in unfair practices, all of the following are true EXCEPT:
- A. The Maryland Insurance Administration can investigate the problem and hold a hearing
- B. The Maryland Insurance Administration can issue a cease and desist order
- C. The Maryland Insurance Administration can suspend the producer's license
- D. The Maryland Insurance Administration's decision is final
Answer: D
Explanation:
The MIA (Insurance Article, § 2-201, § 10-126) can investigate, suspend licenses, and issue orders, but its decisions are appealable to Maryland courts, not final.
References:Maryland Insurance Article, § 2-201, § 10-126; MIA enforcement powers.
NEW QUESTION # 87
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