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: Dec 17, 2025

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Question 1

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 2

The insured is dissatisfied with the handling of a claim. How long does the insured have to bring a lawsuit against the insurer?

A : 1 year

B : 3 years

C : 5 years

D : 7 years

Answer: C

Question 3

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

Question 4

Which life insurance rider is designed to permit young individuals to be able to purchase additional insurance as they grow older, regardless of insurability?

A : Cost of living rider.

B : Guaranteed insurability rider.

C : Impairment rider.

D : Multiple indemnity rider.

Answer: B

Question 5

An alien insurer is which one of the following?

A : One formed under the laws of Oklahoma.

B : One formed under the laws of a state other than Oklahoma.

C : One formed under the laws of a country other than the United States of America.

D : One formed under the laws of a state geographically bordering Oklahoma.

Answer: C

Page: 1 / 32

Total 156 Questions | Updated On: Dec 17, 2025

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