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Texas Life and Health Insurance Regulations, Exams of Personal Health

An overview of various regulations and requirements related to life and health insurance policies in the state of texas. It covers topics such as guaranteed renewable policies, attained age policies, small employer classification, medicare supplement plans, long-term care insurance, group policy certificates, and disclosure of hiv-related test results. The document also addresses provisions related to premium changes, newborn coverage, and notification requirements for the birth of a child. This information would be useful for insurance professionals, policyholders, and those interested in understanding the regulatory landscape of the life and health insurance industry in texas.

Typology: Exams

2024/2025

Available from 09/29/2024

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Texas Life and Health Insurance
1. An insure is not allowed to amend or refuse to renew which of the
following types of policies? - ✔✔Guaranteed renewable
2. An insured's premium increases as a result of her age. Which type of
policy does she have? - ✔✔Attained Age
3. If a firm has 30 employees that are actively engaged in business on
at least 50% of its working days during preceding calender year,
what is its classification? - ✔✔Small employer
4. If an insurance company offers Medicare supplement policies, it
must offer which of the following plans? - ✔✔A
5. If the insured has the right to keep a lone-term care insurance policy
in force by making timely premium payments, and the insurer may
not make any change to the policy or decline to renew it, the policy
is - ✔✔Guaranteed renewable
6. In a group policy, who is issued a certificate of insurance? - ✔✔The
individual insured
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Texas Life and Health Insurance

  1. An insure is not allowed to amend or refuse to renew which of the following types of policies? - ✔✔Guaranteed renewable
  2. An insured's premium increases as a result of her age. Which type of policy does she have? - ✔✔Attained Age
  3. If a firm has 30 employees that are actively engaged in business on at least 50% of its working days during preceding calender year, what is its classification? - ✔✔Small employer
  4. If an insurance company offers Medicare supplement policies, it must offer which of the following plans? - ✔✔A
  5. If the insured has the right to keep a lone-term care insurance policy in force by making timely premium payments, and the insurer may not make any change to the policy or decline to renew it, the policy is - ✔✔Guaranteed renewable
  6. In a group policy, who is issued a certificate of insurance? - ✔✔The individual insured
  1. Issue age policy premiums increase in response to which of the following factors? - ✔✔Increased benefits
  2. The classification Small Employer means any person actively engaged in a business that on at least 50% of its working days during the preceding year emploed - ✔✔No more than 50 employees.
  3. The insurers are allowed to disclose the HIV-related test result to all of the following EXCEPT - ✔✔Another Insurer.
  4. What is the minimum renewability standard standard for long- term care policies issued in this state? - ✔✔Guaranteed renewable.
  5. What type of information is Not included in a certificate of insurance? - ✔✔The cost the company is paying for monthly premiums
  6. Which of the following is correct about a group health insurance policy? - ✔✔It cannot exclude newborn children from coverage.
  7. Which of the following is true regarding Medicare supplement policies? - ✔✔They must be at least guaranteed renewable.