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Maryland Insurance Administration Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Objectives |
| 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
- Government health programs
- 1. Medicare basics
- 2. Medicaid basics
|
Maryland Insurance Administration MarylandAccident and Health or Sickness Producer Series 20-24 Sample Questions:
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
Correct Answer: B 🗳️
Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).
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
Correct Answer: B 🗳️
Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).
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
Correct Answer: B 🗳️
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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
Correct Answer: B 🗳️
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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
Correct Answer: D 🗳️
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