semplr.

Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Medicare supplement (GA): 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.

Start the free mock exam

Question 1 · Georgia

Under Georgia's Medicare supplement compensation rule, first-year commission may be no more than what?

  1. 150% of the renewal commission, which must be paid for 10 years
  2. Any amount the insurer files, as long as renewals are paid for 3 years
  3. 200% of the second-year commission, with level renewals for at least 5 years
  4. 100% of the first-year premium, with no renewal commission allowed
Show the answer

C. 200% of the second-year commission, with level renewals for at least 5 years — Ga. Comp. R. & Regs. 120-2-8-.16(1)-(2).

Question 2 · Georgia

Georgia's Medicare supplement open enrollment period is the 6 months beginning with the first day of the first month in which the person is what?

  1. Retired from an employer group health plan
  2. Enrolled in Medicare Part A, whatever the person's age
  3. Both 65 or older and enrolled in Medicare Part B
  4. Turning 65, whether or not enrolled in Part B
Show the answer

C. Both 65 or older and enrolled in Medicare Part B — Ga. Comp. R. & Regs. 120-2-8-.11(1).

Question 3 · Georgia

A mailer for a Medicare supplement policy does not disclose that its purpose is to solicit insurance or that an agent will make contact. What is this practice?

  1. Cold lead advertising
  2. High-pressure sales tactics
  3. Unfair discrimination
  4. Twisting
Show the answer

A. Cold lead advertising — Ga. Comp. R. & Regs. 120-2-8-.20(2)(c).

More Life & Health Insurance topics