Michigan Insurance Regulations Practice Questions
450 free Michigan-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and MI insurance code duties tested on the Michigan Life & Health exam. Nationally applicable material lives in the other domains.
- 1.Which Michigan insurer is exempt from the requirement to mail a written lapse notice at least 30 days befor…Difficulty 3/5MI specific
- 2.Which statement accurately describes MLHIGA aggregate limits under M.C.L. 500.7704?Difficulty 3/5MI specific
- 3.An independently employed web designer in Royal Oak is the business's only worker and applies for small-emp…Difficulty 2/5MI specific
- 4.A Michigan policyowner's individual life policy lapsed for premium default. Within what period after the de…Difficulty 1/5MI specific
- 5.An office manager in Warren alters an insurer's internal sales record to conceal the fact that a policy was…Difficulty 2/5MI specific
- 6.When an application for an individual accident and health policy is completed in Michigan, by what point mu…Difficulty 2/5MI specific
- 7.A Michigan resident buys an individual disability policy issued in another state. One clause of the policy …Difficulty 2/5MI specific
- 8.When a Michigan policyowner transfers all ownership rights in a life policy through an absolute assignment,…Difficulty 1/5MI specific
- 9.An Ann Arbor candidate fails the Michigan insurance licensing examination. Which outcome follows under Mich…Difficulty 2/5MI specific
- 10.A couple in Troy adopts an infant. The husband's Michigan health policy provides dependent child coverage. …Difficulty 2/5MI specific
- 11.The policy summary required under Michigan's life insurance disclosure rules is best described as:Difficulty 1/5MI specific
- 12.Devon of Detroit is divorced; the child's mother has physical custody of their 10-year-old son. Devon wants…Difficulty 2/5MI specific
- 13.A policyowner in Lansing requests accelerated death benefits under a living benefit rider. As part of evalu…Difficulty 2/5MI specific
- 14.Under Michigan law, what document must insurers make available to help applicants understand and compare lo…Difficulty 1/5MI specific
- 15.Under Michigan long-term care insurance, when does an insured become eligible to receive policy benefits?Difficulty 2/5MI specific
- 16.Under M.C.L. 500.4030, when must a Michigan individual life policy provide for settlement of the death claim?Difficulty 2/5MI specific
- 17.'Intermediate care' in a long-term care policy is best described as care that:Difficulty 1/5MI specific
- 18.A Lansing producer's license recently lapsed for noncompliance. What does the Michigan Insurance Code provide?Difficulty 2/5MI specific
- 19.Under Michigan's life insurance advertising rules, which of the following best describes an "advertisement"?Difficulty 1/5MI specific
- 20.A Michigan producer is explaining the state's Long-Term Care Partnership Program to a prospective buyer. Wh…Difficulty 2/5MI specific
- 21.A Traverse City policyowner says the producing agent orally promised to waive a policy provision after the …Difficulty 2/5MI specific
- 22.An insured in Ann Arbor is injured in an accident that occurs while he is operating a business whose activi…Difficulty 2/5MI specific
- 23.In a long-term care policy, the 'benefit period' refers to:Difficulty 1/5MI specific
- 24.While selling an annuity in Ann Arbor, a producer tells the applicant that Michigan's life and health insur…Difficulty 2/5MI specific
- 25.A producer in Kalamazoo signs an agency contract with an insurer and begins submitting life applications. W…Difficulty 2/5MI specific
- 26.A producer in Saginaw is comparing two related optional provisions in Michigan disability policies: other i…Difficulty 3/5MI specific
- 27.Under Michigan's small-employer health coverage law, which range defines a 'small employer'?Difficulty 1/5MI specific
- 28.Under Michigan's incontestability rule for individual life policies, how are optional riders such as accide…Difficulty 3/5MI specific
- 29.When an insurer sells a long-term care insurance policy in Michigan, what inflation-protection option must …Difficulty 2/5MI specific
- 30.In Michigan, the "buyer's guide" that accompanies life insurance sales is best described as:Difficulty 1/5MI specific
- 31.What continuing education requirement applies to a Michigan producer who wants to sell long-term care insur…Difficulty 1/5MI specific
- 32.Which statement correctly distinguishes Michigan's disabled-dependent continuation from its student-medical…Difficulty 3/5MI specific
- 33.What annual fee must an insurer pay for each producer it appoints in Michigan?Difficulty 1/5MI specific
- 34.An applicant for an individual LTC policy in Michigan asks her producer when her health will be evaluated —…Difficulty 2/5MI specific
- 35.A Michigan insurer reviewing an accident and health application has received the applicant's genetic test r…Difficulty 2/5MI specific
- 36.Which statement correctly describes custodial care under a Michigan long-term care insurance policy?Difficulty 1/5MI specific
- 37.In Michigan individual disability (accident and health) policies, misstatement of age is typically addresse…Difficulty 2/5MI specific
- 38.An insured gives notice of an accident and health claim in Michigan, but the insurer does not furnish claim…Difficulty 1/5MI specific
- 39.Which provision of Michigan's long-term care insurance law specifically addresses home health care benefits?Difficulty 1/5MI specific
- 40.When soliciting a Medicare supplement application in Michigan, what disclosure documents must the producer …Difficulty 2/5MI specific
- 41.A producer takes an LTC application in Flint but never provides the applicant with the shopper's guide. Wha…Difficulty 2/5MI specific
- 42.Under Michigan's long-term care inflation protection rule, a guaranteed periodic increase option must be av…Difficulty 1/5MI specific
- 43.An accident and health policy is sold in Michigan by direct-mail solicitation to a person eligible for Medi…Difficulty 2/5MI specific
- 44.An advertisement for a Michigan accident and health policy proclaims that the insurer is “the largest and m…Difficulty 2/5MI specific
- 45.Which of the following is included in the basic core benefits that every standardized Michigan Medicare sup…Difficulty 1/5MI specific
- 46.Before purchasing a policy in a viatical settlement, a settlement provider will ordinarily require document…Difficulty 2/5MI specific
- 47.Under Michigan law (M.C.L. 500.2207), who may lawfully hold life insurance on another person's life?Difficulty 1/5MI specific
- 48.A Novi producer shows a client an illustration projecting high cash values and tells the client, "These num…Difficulty 2/5MI specific
- 49.Before terminating an individual life policy for nonpayment of a premium after the first policy year, what …Difficulty 2/5MI specific
- 50.After receiving the replacing insurer's information statement, an existing insurer's agent contacts the pol…Difficulty 3/5MI specific