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Pennsylvania Insurance Regulations Practice Questions — Page 4 of 5

225 free Pennsylvania-specific insurance regulation questions for the Pennsylvania Life & Health exam — page 4.

  1. 151.Which Pennsylvania framework specifically addresses fraudulent insurance acts?
    Difficulty 1/5PA specific
  2. 152.Under 40 P.S. § 625.7 and 40 P.S. § 625.8, a life insurance illustration may properly be used to:
    Difficulty 1/5PA specific
  3. 153.Under the entire-contract provision of 40 P.S. § 510(d), what documents constitute the entire contract betw…
    Difficulty 1/5PA specific
  4. 154.A candidate preparing for the Pennsylvania producer licensing examination asks what pre-licensing coursewor…
    Difficulty 2/5PA specific
  5. 155.An employee's group life coverage under an employer's plan ends when he leaves the job. Under 40 P.S. § 532…
    Difficulty 2/5PA specific
  6. 156.Under Pennsylvania's Unfair Insurance Practices Act, what does the prohibition on boycott, coercion, and in…
    Difficulty 1/5PA specific
  7. 157.Before an insurer issues a new policy form to Pennsylvania consumers, what must happen to that form?
    Difficulty 1/5PA specific
  8. 158.Which authority may examine the books, accounts, and records of a licensed insurance producer in Pennsylvania?
    Difficulty 1/5PA specific
  9. 159.A producer introduces a terminally ill policyowner to a viatical settlement company and will be paid by tha…
    Difficulty 2/5PA specific
  10. 160.A producer learns the Pennsylvania Insurance Department is considering revoking her license. Before revocat…
    Difficulty 2/5PA specific
  11. 161.A Pennsylvania producer is helping a client replace her existing individual health insurance policy with a …
    Difficulty 2/5PA specific
  12. 162.Before recommending an annuity to a consumer under Pennsylvania's suitability law (Act 48 of 2018), what mu…
    Difficulty 1/5PA specific
  13. 163.A Pennsylvania producer changes her business address and, separately, is charged with a crime. Within how m…
    Difficulty 1/5PA specific
  14. 164.Which statement best distinguishes the reinstatement provision from the grace period provision of a Pennsyl…
    Difficulty 3/5PA specific
  15. 165.Before an insurance company may transact a business of insurance in Pennsylvania, what credential must it o…
    Difficulty 1/5PA specific
  16. 166.Under Pennsylvania's Unfair Insurance Practices Act, which of the following describes misrepresentation?
    Difficulty 1/5PA specific
  17. 167.A Pennsylvania group health insurer caps inpatient mental health days far below the inpatient days it allow…
    Difficulty 2/5PA specific
  18. 168.Under Pennsylvania's producer appointment procedures, who formally appoints a producer to represent an insu…
    Difficulty 2/5PA specific
  19. 169.In Pennsylvania, what does 'replacement' mean in connection with the sale of a life insurance policy?
    Difficulty 1/5PA specific
  20. 170.While delivering a Pennsylvania life policy, a producer verbally promises the client enhanced dividend bonu…
    Difficulty 2/5PA specific
  21. 171.If a Pennsylvania-licensed life insurer becomes financially impaired and cannot pay claims, what is the max…
    Difficulty 1/5PA specific
  22. 172.Under the payment-of-premiums provision of 40 P.S. § 510(a), when are premiums on a Pennsylvania life insur…
    Difficulty 1/5PA specific
  23. 173.An insured and the sole named beneficiary die in the same accident, and there is no sufficient evidence of …
    Difficulty 3/5PA specific
  24. 174.Three years after a Pennsylvania life policy was issued, the insurer discovers that the application contain…
    Difficulty 2/5PA specific
  25. 175.Who may lawfully receive a commission for the sale of an insurance policy in Pennsylvania?
    Difficulty 1/5PA specific
  26. 176.An insured dies and the policy names no surviving beneficiary, and no settlement option had been elected. U…
    Difficulty 2/5PA specific
  27. 177.A colleague studying for the Pennsylvania examination states: 'The reference 40 P.S. § 981-1 is the federal…
    Difficulty 2/5PA specific
  28. 178.Under Pennsylvania Insurance Department licensing rules, a license held by a viatical settlement broker is …
    Difficulty 1/5PA specific
  29. 179.A producer repeatedly urges long-term policyholders to surrender paid-up policies and buy new ones so he ca…
    Difficulty 3/5PA specific
  30. 180.When an insurer terminates a producer's appointment, what duty does 40 P.S. § 310.71a impose with respect t…
    Difficulty 1/5PA specific
  31. 181.Under Pennsylvania's long-term care suitability rule (31 Pa. Code 89a.121), a recommendation to purchase lo…
    Difficulty 1/5PA specific
  32. 182.An underwriter sorts life insurance applicants into preferred, standard, substandard, and declined categori…
    Difficulty 2/5PA specific
  33. 183.Under the grace-period provision of 40 P.S. § 510(b), a Pennsylvania life policy remains in force during wh…
    Difficulty 1/5PA specific
  34. 184.A Pennsylvania human resources manager asks how the federal COBRA continuation framework fits with state re…
    Difficulty 2/5PA specific
  35. 185.Under Pennsylvania's long-term care compensation rules (31 Pa. Code 89a.129) and penalty provisions (31 Pa.…
    Difficulty 2/5PA specific
  36. 186.A licensed producer promises her unlicensed friend a portion of the commission on each policy that the frie…
    Difficulty 3/5PA specific
  37. 187.Which statement correctly distinguishes the inflation protection option from the nonforfeiture benefit unde…
    Difficulty 3/5PA specific
  38. 188.A Pennsylvania agency sells its customer list, including policyholders' account numbers and claim histories…
    Difficulty 2/5PA specific
  39. 189.Which Pennsylvania regulation enumerates the exclusions that a limited health insurance policy may contain,…
    Difficulty 1/5PA specific
  40. 190.An insurer properly chartered and admitted in another state canvasses Pennsylvania residents and sells poli…
    Difficulty 2/5PA specific
  41. 191.Under Pennsylvania law, which documents together constitute the entire contract for an individual accident …
    Difficulty 1/5PA specific
  42. 192.A Pennsylvania producer tells an applicant that a participating policy's dividends are guaranteed, knowing …
    Difficulty 3/5PA specific
  43. 193.An insurer terminates a producer's appointment, but the producer's Pennsylvania license remains active. Wha…
    Difficulty 3/5PA specific
  44. 194.An older policyholder with advancing cognitive impairment unintentionally lets a long-term care policy laps…
    Difficulty 3/5PA specific
  45. 195.A policyowner holds a variable annuity whose separate-account values have grown well beyond the guaranteed …
    Difficulty 3/5PA specific
  46. 196.Before selling long-term care insurance in Pennsylvania, what initial training must a producer complete und…
    Difficulty 1/5PA specific
  47. 197.An insured holds accident and health coverage from two insurers. A claim arises, and the combined benefits …
    Difficulty 3/5PA specific
  48. 198.A Pennsylvania policyowner assigns her life policy to a bank as security for a business loan. Under the own…
    Difficulty 2/5PA specific
  49. 199.A Pennsylvania policyholder receives an individual long-term care policy and decides within the statutory w…
    Difficulty 1/5PA specific
  50. 200.An insurer reserves the right to nonrenew an individual accident and health policy when a premium payment i…
    Difficulty 2/5PA specific