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| Section | Weight | Objectives |
|---|---|---|
| Insurance Regulation | 30% | - Licensing requirements and procedures - Policy delivery, replacement rules, and disclosure - Ethics, unfair trade practices, and consumer protection - State insurance laws and Maryland regulations |
| Annuities and Retirement Products | 10% | - Tax treatment and suitability standards - Fixed, indexed, and variable annuities |
| Life Insurance Basics and Policies | 25% | - Beneficiaries, claims, and settlement options - Policy provisions, riders, and options - Types of life insurance: term, whole, universal, variable |
| General Insurance Concepts | 15% | - Insurable interest and risk management - Contract law and principles - Underwriting, premium calculation, and taxation |
| Accident and Health / Sickness Insurance | 20% | - Health insurance basics and policy provisions - HMO, PPO, group vs individual coverage - Disability income, medical expense, and long-term care - Mandatory benefits and state-specific health rules |
The income benefits distributed during the liquidation phase of an annuity contract are normally payable to:
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The Maryland State Benchmark Plan applies to which of the following?
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The Medical Information Bureau may release information in the proposed insured ' s file to:
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Which of the following is a requirement of an insurable risk?
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In a speech to a local producers' association, a producer incorrectly stated that XYZ Insurance Company is in financial difficulty and not paying claims. The producer may be guilty of:
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