- 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: Oct 10, 2026
- Q & A: 265 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Accident and Health / Sickness Insurance | 20% | - HMO, PPO, group vs individual coverage - Disability income, medical expense, and long-term care - Health insurance basics and policy provisions - Mandatory benefits and state-specific health rules |
| Insurance Regulation | 30% | - State insurance laws and Maryland regulations - Policy delivery, replacement rules, and disclosure - Licensing requirements and procedures - Ethics, unfair trade practices, and consumer protection |
| Annuities and Retirement Products | 10% | - Tax treatment and suitability standards - Fixed, indexed, and variable annuities |
| General Insurance Concepts | 15% | - Contract law and principles - Underwriting, premium calculation, and taxation - Insurable interest and risk management |
| Life Insurance Basics and Policies | 25% | - Types of life insurance: term, whole, universal, variable - Beneficiaries, claims, and settlement options - Policy provisions, riders, and options |
All of the following statements about universal life insurance are true EXCEPT:
Correct Answer: A 🗳️
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Pat owns a small business and is interested in enrolling her son in the Maryland Children's Health Insurance Program. Which of the following is the MOST appropriate person for Pat to contact for enrollment?
Correct Answer: B 🗳️
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All of the following may be used as selection criteria in individual life insurance underwriting EXCEPT:
Correct Answer: A 🗳️
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When a producer sells an individual accident and health insurance policy, how is the initial premium usually paid?
Correct Answer: C 🗳️
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When a single major medical contract covers all medical expenses, the plan is considered to be:
Correct Answer: C 🗳️
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