Free Insurance Regulation Practice Questions

Illinois Accident & Health exam — 43 practice questions.

Subtopics: Form approval, CE noncompliance, Ethics CE delivery, Reporting prosecutions, Termination notice to producer, Medicare supplement free look, Guaranty association health cap, Guaranty association disability cap, Outline of coverage, Medicare supplement open enrollment, Replacement of Medicare supplement, Dependent coverage age, Mandated benefits, External review, Prompt payment, Twisting, Rebating, Commingling, Nonresident reciprocity, Fraud warning, Market conduct, Cease and desist, Advertising standards, Application accuracy, Temporary license, Medicare guide, Unfair claims practices, Producer definition, Unlicensed activity, Group continuation, LTC partnership, Medicare supplement suitability, Guaranty association solicitation, Fair Credit Reporting Act, Fraud and false statements, Privacy GLBA, Affordable Care Act, Do Not Call, McCarran-Ferguson Act, HIPAA administrative simplification, Mental Health Parity, Newborns and Mothers Health Protection, Women's Health and Cancer Rights Act

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Sample questions & answers

1. Which Illinois official is responsible for reviewing health insurance policy forms before they are used?

The Director of Insurance

The Director of Insurance reviews and approves insurance policy forms used in Illinois.

2. An Illinois producer who fails to complete the required continuing education by the renewal date will:

Have the license lapse and owe a penalty

Failure to meet CE by the due date causes the license to lapse and a penalty of double the unpaid fee applies.

3. The three-hour ethics continuing education requirement in Illinois may NOT be satisfied by:

An ordinary self-study course

Illinois requires ethics CE to be completed in a classroom or live webinar setting rather than ordinary self-study.

4. An Illinois producer who becomes the subject of a criminal prosecution must notify the Director within:

30 days

A producer must report criminal prosecutions and administrative actions to the Director within 30 days.

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Practice: Insurance Regulation

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.