After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms?

File written proof of loss

Which of these factors help determine an insured's life insurance premium?

Avocation (hobby)

The Life and Health Guaranty Corporation provides funds to carry out its powers and duties by 

assessing

Member insurers

Lifetime protection

A limited payment whole life policy provides

Decreasing term life

The least expensive option to pay off a 30-year mortgage balance would be?

May never raise premiums

In contrast to a guaranteed renewable policy, a noncancellable policy

What is an insurance policy's grace period?

Period of time after the premium is due but the policy remains in force

The standard grace period for a life insurance policy sold in Maryland is

30 days

Which of the following is NOT a requirement for soliciting insurance in Maryland?

At least 21 years old

Which type of plan would be most appropriate for an individual on Medicare and is concerned 

that Medicare will NOT pay for charges exceeding the approved amount?

Medicare supplement Plan F

A securities license is required for a life insurance producer to sell

Variable life insurance

What is the contract called that is issued to an employer for a Group Medical Insurance Plan?

Master policy

In regards to a life insurance contract, which of the following statements is NOT true regarding 

the concept of insurable interest?

Insurable interest can be established sufficiently by sentimental attachment alone

Which of the following is NOT information found in a life insurance buyer's guide?

How to take legal action against an insurance company

The premium for a Modified whole life policy is?

Lower than the typical whole life policy during the first few years and then higher than typical 

for the remainder

A producer who is licensed in Maryland but resident in another state is called a?

Nonresident producer

Justin is receiving disability income benefits from a group policy paid for by his employer. How 

are these benefits treated for tax purposes?

Taxable income

Excludes payments for a short-term illness or injury

The waiting period for a disability insurance policy