Practice Life-and-Accident-Health-Sickness-Producer Exam Online

Question 1

Which of the following is NOT a right of the life insurance policyowner?

A : Assign or transfer the policy.

B : Borrow from the cash values.

C : Select and change a beneficiary.

D : Revoke an absolute assignment.

Answer: D

Question 2

How long is the contestable period for a life insurance policy?

A : 6 months

B : 12 months

C : 24 months

D : 36 months

Answer: C

Question 3

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 4

An insurance producer whose license has been revoked continues to provide insurance services. Which of the following is TRUE?

A : This violation can result in a fine of up to $10,000.

B : This violation is a felony and can result in a fine of up to $5,000.

C : This violation is a misdemeanor and can result in a fine of up to $500.

D : This individual could be committed to the custody of the Department of Corrections for up to 10 years.

Answer: B

Question 5

Employees covered by an employer health plan are issued an insurance

A : policy.

B : contract.

C : covenant.

D : certificate.

Answer: D

Name:	Life and Accident and Health or Sickness Producer - Combo (2030)
Exam Code:	Life-and-Accident-Health-Sickness-Producer
Certification:	Maryland Insurance Administration Certifications
Vendor:	Maryland Insurance Administration
Total Questions:	156
Last Updated:	Jan 05, 2026

Maryland Insurance Administration Life-and-Accident-Health-Sickness-Producer Answers