AD Banker Ch 15

Year

A health benefit plan that provides coverage for surgical services for a mastectomy must provide screening mammography for women age 50 or older at least every:

30

A licensee must inform the Commissioner of a change of legal name or address within ______ days of the change.

15

A minor aged ______ years or older may contract for insurance on his or her own life.

18 years old

To receive a license as a resident insurance producer, an applicant must be at least:

It is used to relieve the state of any burden for Workers' Compensation benefits

All of the following are true regarding the States Second Injury Fund, except:

1 year

An annuity or pure endowment contract may be reinstated within __________ from the default in premium payments, unless the cash surrender value has been paid.

6 months

An insurer may reserve the right to defer the payment of a cash surrender value for up to _________ months after demand is made and the policy is surrendered.

3

Eligibility for the payment of benefits under a long-term care insurance policy may require either a deficiency in the ability to perform no more than _______ of the activities of daily living or the presence of cognitive impairment.

15 members

How large must a group plan be for the requirement to include maternity benefits on the same basis as nonmaternity benefits to apply?

The customer must actively opt-in to allowing the disclosure

If a company wishes to share information about a customer's health with a third party:

$2,500 or less

Industrial life insurance is a form of life insurance written under policies with face amounts of:

Includes extraterrestrial provisions

Jay, who is employed by Carson Company, is assigned to work temporarily in another state. While in the other state, Jay is injured on the job. He is entitled to benefits of the Workers' Compensation law in the state in which he was hired even though his injury occurred in a different state. This indicates that the Workers' Compensation law in the state where Jay was hired:

The Commissioner of insurance can regulate them but cannot impose a fine

Which of the following IS true about an HMO under Alabama Law?

McCarran-Ferguson Act

Which of the following acts established the Federal Government's right to regulate the insurance industry in situations involving fraud and false statements made in insurance transactions which might lead to jeopardizing the financial soundness of an insurance company?

The insurer's name, producers name, address, and the policy generic name The proposed insured's name, age, gender, and the initial death benefit The dividend option selected or any nonguaranteed elements

Which of the following can be listed on an illustration?