Free Maryland Insurance Administration Life-and-Accident-Health-Sickness-Producer Exam Questions

Become Maryland Insurance Administration Certified with updated Life-and-Accident-Health-Sickness-Producer exam questions and correct answers

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Total 156 Questions | Updated On: Oct 28, 2025

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Question 1

How long is the contestable period for a life insurance policy?

A : 6 months

B : 12 months

C : 24 months

D : 36 months

Answer: C

Question 2

Which of the following BEST describes a waiver of premium clause in a typical disability policy?

A : The waiver of premium benefit pays the policy premium during a disability claim.

B : This clause eliminates any premium being paid for the lifetime of the insured individual.

C : The monthly benefit under the policy is reduced to offset the premium that is no longer being paid.

D : This clause generally begins immediately with the doctor stating that the insured person is completely disabled.

Answer: A

Question 3

An individual who is NOT acceptable by an insurer at standard rates because of health, habits, or occupation is called a

A : rating risk.

B : standard risk.

C : preferred risk.

D : substandard risk.

Answer: D

Question 4

Laura has a group medical plan that has an 80% coinsurance provision but no deductible. She recently incurred a $1,000 medical bill. How much will Laura have to pay?

A : $0

B : $200

C : $800

D : $1,000

Answer: B

Question 5

All documents required under law in an insurance transaction may be stored, delivered, or presented by electronic means so long as it meets the requirements of the

A : Uniform Commercial Code.

B : Uniform Electronic Transaction Act.

C : Oklahoma Insurance Commissioner.

D : National Association of Insurance Commissioners.

Answer: B

Page: 1 / 32

Total 156 Questions | Updated On: Oct 28, 2025

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