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Life and Health Insurance Producer Exam

Long-term care (DE): practice questions

Our Life & Health Insurance bank has 4 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Delaware

One inflation protection option a Delaware long-term care insurer must offer increases benefits annually, compounded at a rate of at least:

  1. 3%
  2. 5%
  3. 8%
  4. 10%
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B. 5% — 18 DE Admin. Code 1404, 13.1.1.

Question 2 · Delaware

A long-term care policy that requires a prior institutional stay before paying noninstitutional benefits may not require a stay longer than:

  1. 90 days or longer
  2. 30 days
  3. 60 days
  4. 3 days
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B. 30 days — 18 Del. C. 7105(d)(3).

Question 3 · Delaware

What is the maximum fine for an agent who violates Delaware's long-term care insurance marketing requirements?

  1. The full premium on each policy
  2. Up to $1,000 per policy involved
  3. Up to $500 per violation
  4. Up to 3 times the commissions paid on each policy involved, or up to $10,000, whichever is greater
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D. Up to 3 times the commissions paid on each policy involved, or up to $10,000, whichever is greater — 18 Del. C. 7109.

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