Maryland Insurance Administration Accident-and-Health-or-Sickness-Producer - MarylandAccident and Health or Sickness Producer Series 20-24 Exam

Maryland Insurance Administration Accident-and-Health-or-Sickness-Producer Actual PDF
  • Exam Code: Accident-and-Health-or-Sickness-Producer
  • Exam Name: MarylandAccident and Health or Sickness Producer Series 20-24 Exam
  • Updated: Oct 06, 2026
  • Q & A: 92 Questions and Answers
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Maryland Insurance Administration Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:

SectionObjectives
General Insurance Principles- Insurance concepts
  • 1. Risk, peril, hazard
    • 2. Principles of indemnity and insurable interest
      Insurance Law and Regulation (Maryland)- Maryland Insurance Administration rules
      • 1. Unfair trade practices (rebating, twisting, misrepresentation)
        • 2. Producer licensing requirements
          Accident and Health Insurance Basics- Policy structure and provisions
          • 1. Definitions and clauses
            • 2. Exclusions and limitations
              - Types of coverage
              • 1. Disability income insurance
                • 2. Accidental death & dismemberment (AD&D)
                  • 3. Medical expense insurance
                    Policy Administration and Ethics- Ethical obligations
                    • 1. Disclosure requirements
                      • 2. Suitability and fiduciary duties
                        Health Insurance Systems- Managed care models
                        • 1. HMO, PPO, POS
                          - Government health programs
                          • 1. Medicare basics
                            • 2. Medicaid basics

                              Maryland Insurance Administration MarylandAccident and Health or Sickness Producer Series 20-24 Sample Questions:

                              Question #1

                              In general practice, can the Maryland Insurance Administration inspect the business records of an insurance company or agency?

                              • A. No, because only an officer of the court can inspect these records
                              • B. Yes, because of the powers defined by state laws
                              • C. Yes, because all company and agency records are public domain
                              • D. No, because of privacy considerations
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).

                              Question #2

                              An insurance policy could be issued to cover losses resulting from any of the following EXCEPT:

                              • A. A skydiving exhibition
                              • B. A drug smuggling operation
                              • C. A nuclear power plant
                              • D. A state-sponsored centennial celebration
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).

                              Question #3

                              In accident and health insurance underwriting, when the risk imposed by an applicant is similar to the risks imposed by most other applicants, the applicant is:

                              • A. Required to pay the first year's premium in a lump sum
                              • B. Charged the standard premium rate
                              • C. Charged an additional premium for the first three years
                              • D. Declined coverage
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).

                              Question #4

                              An insurer may pay a commission directly or indirectly to:

                              • A. An unlicensed employee of the insurer
                              • B. A producer whose license is terminated after earning the commission
                              • C. Anyone soliciting business for the insurer
                              • D. A surplus lines broker operating without a license for less than one year
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).

                              Question #5

                              A certificate of insurance in a group accident and health plan is:

                              • A. Issued to the employer for each insured location
                              • B. A binding contract between the employee and the insurer
                              • C. A binding contract between the employer and the insurer
                              • D. Evidence of the employee's insurance coverage
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).

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