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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo

Life-and-Accident-and-Health-or-Sickness-Producer-Combo

Exam Code: Life-and-Accident-and-Health-or-Sickness-Producer-Combo

Exam Name: Life and Accident and Health or Sickness Producer - Combo Series 20-30

Updated: Aug 15, 2026

Q&A Number: 265 Q&As

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About Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Questions and Answers

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Life-and-Accident-and-Health-or-Sickness-Producer-Combo Online Test Engine

Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Insurance Concepts15%- Insurable interest and risk management
- Underwriting, premium calculation, and taxation
- Contract law and principles
Topic 2: Accident and Health / Sickness Insurance20%- Disability income, medical expense, and long-term care
- Health insurance basics and policy provisions
- Mandatory benefits and state-specific health rules
- HMO, PPO, group vs individual coverage
Topic 3: Insurance Regulation30%- Policy delivery, replacement rules, and disclosure
- Licensing requirements and procedures
- State insurance laws and Maryland regulations
- Ethics, unfair trade practices, and consumer protection
Topic 4: Annuities and Retirement Products10%- Fixed, indexed, and variable annuities
- Tax treatment and suitability standards
Topic 5: Life Insurance Basics and Policies25%- Types of life insurance: term, whole, universal, variable
- Policy provisions, riders, and options
- Beneficiaries, claims, and settlement options

Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:

1. What must the insurer provide to certificate holders when a group Medicare Supplement insurance policy is terminated and not replaced?

A) An offer of continuation coverage
B) An offer of conversion to individual coverage
C) An offer of membership in another group
D) A buyer's guide to Medicare Part B


2. The purpose of licensing insurance agents is to:

A) Limit the number of agents who do business within Maryland
B) Regulate rates to prevent unfair discrimination among insureds
C) Monitor insurance sales activity in Maryland
D) Demonstrate that the agent is qualified to act on behalf of insurers in Maryland


3. An applicant for life insurance must be informed that testing for Human Immunodeficiency Virus (HIV) infection is used to help determine:

A) The insurability of the proposed insured
B) The type of policy that will be issued
C) Whether an insurable interest exists
D) The effective date and term of coverage


4. One feature that distinguishes a continuous premium whole life policy from a limited payment whole life policy is:

A) The form in which dividends are paid
B) The mortality table from which premiums are calculated
C) The settlement options available
D) The length of time premiums will be paid


5. To be eligible for major medical extended care benefits, a patient must:

A) Have had surgery
B) Be terminally ill
C) Require continuous skilled nursing care
D) Require physical therapy


Solutions:

Question # 1
Answer: B
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: C

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