TLAHI Tennessee Life and Accident and Health Insurance Exam - Set 1 - Part 3
Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.
Question 41: A Tennessee producer asks whether the state sets a specific dollar limit on gifts or promotional items before they become illegal rebates, since he has seen such caps in other states. What is the accurate position on a dollar threshold in Tennessee?
Question 42: A Tennessee insurer commits one clear violation of the unfair claims settlement rules, then argues it cannot be penalized without a showing that the conduct is a general business practice. How does Tennessee treat a single unfair claims act?
Question 43: A Tennessee insurer receives notice of a claim from an insured, and a national study guide the adjuster used lists a fifteen-day acknowledgment rule. Under Tennessee's own claims rule, within how many days must the insurer acknowledge the claim?
Question 44: A Tennessee insured submits properly completed proofs of loss on a claim, and the insurer must decide whether to accept or deny within a period measured from that submission. How long does Tennessee allow to accept or deny after receiving proofs of loss?
Question 45: A Tennessee insurer affirms liability on a claim after reviewing the file, and the insured then waits for payment, wondering how long the insurer has. Measured from the affirmation of liability, within how many days must the insurer tender payment?
Question 46: A Tennessee insurer receives notice of a claim and must supply the claimant with the forms needed to file proof of loss. Unlike other steps in the claims rule, this one carries no stated number of days. How does Tennessee describe the deadline for furnishing claim forms?
Question 47: A Tennessee life insurer becomes insolvent, and a policyowner looks to the state guaranty association for protection on a large policy, asking about the ceiling on the death benefit. What is the guaranty association limit for a life insurance death benefit in Tennessee?
Question 48: A Tennessee policyowner holds a whole life policy worth three hundred thousand dollars with substantial cash value when the insurer fails, and assumes the full death benefit cap also protects her cash value. How does the guaranty association actually limit cash surrender value?
Question 49: A Tennessee producer wants to reassure a hesitant client by pointing out that the state guaranty association would cover the policy if the insurer failed, and asks whether he may use this in the sale. What does Tennessee law say about that approach?
Question 50: A Tennessee candidate learns the state maintains guaranty association protection for both property and casualty insurers and life and health insurers, and wants to describe the two-part structure correctly for a study note. How does Tennessee organize its guaranty associations?
Struggling With Exams?
Less Time Studying, More Time Living – Finish Your Degree Faster! Pay-After-you-Pass!
Get Exam Support