Arizona life and health insurance exam | Questions and answers with 100% correct solutions | Graded A+
When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to
do? ✔✔Give notice, explain, and allow opting out
Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after ✔✔9:00 PM
A health plan offered by private insurance companies is ✔✔Medicare Supplement
Chris has a single major medical contract which covers all medical expenses. His plan is considered to be
✔✔comprehensive
In accident and health insurance, 60 days must pass after written proof of loss has been received by an
insurer before the insured may ✔✔Bring legal action against the insurer
When a ten year renewable term life insurance policy issued at age 45 is renewed, the premium rate will
be the current rate for ✔✔Ten year term insurance for a person aged 55
All of the following are unfair claims settlement practices except ✔✔An attempt to settle a claim by
arbitration
What is covered under a limited accident and health insurance policy? ✔✔Limited perils and amounts
A life insurance policy provision that has the ability to reduce the death benefit is called ✔✔Accelerated
(living) benefit