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Massachusetts Insurance Regulations Practice Questions — Page 3 of 5

225 free Massachusetts-specific insurance regulation questions for the Massachusetts Life & Health exam — page 3.

  1. 101.An insurer organized under the laws of Canada applies to write life insurance in Massachusetts. Under M.G.L…
    Difficulty 2/5MA specific
  2. 102.The Massachusetts Division of Insurance issued guidance on mental health parity in Massachusetts DOI Bullet…
    Difficulty 2/5MA specific
  3. 103.During a single month, a Massachusetts producer sells three products: a Medicare supplement policy, a long-…
    Difficulty 3/5MA specific
  4. 104.During the handling of a first-party claim, which action by a Massachusetts insurer crosses into an unfair …
    Difficulty 3/5MA specific
  5. 105.A Massachusetts producer tells an applicant that a lender will refuse the applicant's financing unless the …
    Difficulty 2/5MA specific
  6. 106.A producer explains the difference between reinstating a lapsed policy and writing a new one. Under M.G.L. …
    Difficulty 2/5MA specific
  7. 107.Under M.G.L. c. 175, § 108H, may an insurer require an applicant for individual accident and health coverag…
    Difficulty 1/5MA specific
  8. 108.How does an equity indexed annuity credit interest, as Massachusetts addresses these products under DOI Bul…
    Difficulty 2/5MA specific
  9. 109.A Massachusetts life policy names the insured's spouse as policyowner, although the spouse is not the insur…
    Difficulty 2/5MA specific
  10. 110.Within each Massachusetts continuing education cycle, what ethics requirement applies to a producer's cours…
    Difficulty 1/5MA specific
  11. 111.A Massachusetts life insurer's underwriting manual lists possible bases for declining applicants. Under M.G…
    Difficulty 3/5MA specific
  12. 112.Which statement correctly distinguishes the deferral rules for policy loans and cash surrenders under Massa…
    Difficulty 2/5MA specific
  13. 113.Which statement states the rule of M.G.L. c. 175, § 120E on genetic tests in Massachusetts life insurance u…
    Difficulty 1/5MA specific
  14. 114.To whom must the multiple-policy reports required by 211 CMR 71.19 be made?
    Difficulty 2/5MA specific
  15. 115.An individual accident and health policy issued in Massachusetts contains the required 'time limit on certa…
    Difficulty 3/5MA specific
  16. 116.Under Massachusetts law, until what point must an accident and health contract that provides dependent cove…
    Difficulty 1/5MA specific
  17. 117.A Massachusetts producer tells a client, 'If you replace your Medicare supplement policy, the new carrier c…
    Difficulty 3/5MA specific
  18. 118.Under M.G.L. c. 175I, § 4, what must a Massachusetts insurer give its applicants and policyholders concerni…
    Difficulty 1/5MA specific
  19. 119.A qualified beneficiary receiving continuation coverage under the Massachusetts small-group rules is determ…
    Difficulty 2/5MA specific
  20. 120.Under M.G.L. c. 175, § 119C, at what rate does interest accrue on individual life death proceeds in Massach…
    Difficulty 1/5MA specific
  21. 121.Under 211 CMR 65.05(3), which of the following is a permissible exclusion in a Massachusetts long-term care…
    Difficulty 1/5MA specific
  22. 122.Under Massachusetts law, how long is the grace period for payment of a life insurance premium that falls du…
    Difficulty 1/5MA specific
  23. 123.Under Massachusetts law, which of the following describes the unfair practice of false advertising in the b…
    Difficulty 1/5MA specific
  24. 124.Under the Massachusetts Division of Insurance's accelerated benefits regulations, what does an accelerated …
    Difficulty 1/5MA specific
  25. 125.Which statement correctly distinguishes the reduced paid-up option from the extended term option under M.G.…
    Difficulty 3/5MA specific
  26. 126.A Massachusetts producer wants to solicit variable life insurance. Which licensing posture is correct?
    Difficulty 2/5MA specific
  27. 127.Before recommending that a client purchase a long-term care policy, what must a Massachusetts producer do u…
    Difficulty 2/5MA specific
  28. 128.A Massachusetts insurer issues a notice of information practices under M.G.L. c. 175I, § 4 and collects per…
    Difficulty 2/5MA specific
  29. 129.An individual accident and health policy includes the optional 'illegal occupation' provision. The insured …
    Difficulty 2/5MA specific
  30. 130.Which Massachusetts authority governs the buyer's guide that must accompany the sale of a Medicare suppleme…
    Difficulty 1/5MA specific
  31. 131.A candidate has just passed the Massachusetts producer examination. Through which channel does she submit h…
    Difficulty 1/5MA specific
  32. 132.In Massachusetts, how long is the initial open enrollment period for Medicare supplement coverage, beginnin…
    Difficulty 1/5MA specific
  33. 133.A policyholder whose health has declined since issue applies to reinstate a lapsed Massachusetts life polic…
    Difficulty 2/5MA specific
  34. 134.During a market conduct examination, the Massachusetts Division of Insurance finds that an insurer keeps no…
    Difficulty 2/5MA specific
  35. 135.An individual owns several nongroup life insurance policies on different insureds, all with the same insure…
    Difficulty 2/5MA specific
  36. 136.Under Massachusetts law implemented in coordination with the Affordable Care Act framework, which body oper…
    Difficulty 2/5MA specific
  37. 137.A Massachusetts agency wants to pay a referral fee to an unlicensed acquaintance who steered a client that …
    Difficulty 2/5MA specific
  38. 138.Under Massachusetts law, returning part of the premium or giving anything of value not specified in the pol…
    Difficulty 1/5MA specific
  39. 139.An individual accident and health policy was issued when the insured worked as an office administrator. She…
    Difficulty 2/5MA specific
  40. 140.Under the Massachusetts Life and Health Insurance Guaranty Association Law, what is the maximum protection …
    Difficulty 1/5MA specific
  41. 141.Under Massachusetts law, who must be licensed as a life settlement broker?
    Difficulty 1/5MA specific
  42. 142.A corporation wants to become a licensed business entity producer in Massachusetts. What must the entity do…
    Difficulty 2/5MA specific
  43. 143.A Massachusetts insurer drafts a Medicare supplement outline of coverage that highlights several attractive…
    Difficulty 2/5MA specific
  44. 144.Under M.G.L. c. 175, § 24, what is the effect of a waiver-of-premium provision when an insured becomes tota…
    Difficulty 1/5MA specific
  45. 145.Under M.G.L. c. 176D, § 3(4), which arrangement constitutes the unfair practice of boycott, coercion, and i…
    Difficulty 1/5MA specific
  46. 146.After her first renewal, a Massachusetts producer settles into her ongoing continuing education rhythm. Wha…
    Difficulty 1/5MA specific
  47. 147.When a covered Massachusetts insured gives birth, from what point is the newborn covered under the family's…
    Difficulty 1/5MA specific
  48. 148.A Massachusetts producer recommends that a client replace an existing Medicare supplement policy with a new…
    Difficulty 2/5MA specific
  49. 149.Under M.G.L. c. 176D, § 3(9), which of the following is an unfair claims settlement practice?
    Difficulty 1/5MA specific
  50. 150.Which premiums are covered by the grace-period protection of M.G.L. c. 175, § 132(1) in a Massachusetts lif…
    Difficulty 1/5MA specific