Pack
South Carolina Life and Health Exam Bundle Questions and Answers Latest Updadted
South Carolina Life and Health Exam Bundle Questions and Answers Latest Updadted
[Montrer plus]South Carolina Life and Health Exam Bundle Questions and Answers Latest Updadted
[Montrer plus]Which of these riders will pay a death benefit if the insured's spouse dies? - ANSWER_Family term insurance rider 
 
Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - ANSWER_Nonconcellable 
 
What is the required action to be tak...
Aperçu 2 sur 8 pages
Ajouter au panierWhich of these riders will pay a death benefit if the insured's spouse dies? - ANSWER_Family term insurance rider 
 
Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - ANSWER_Nonconcellable 
 
What is the required action to be tak...
Inspection Report - ANSWER-An insurer receives a report regarding potential insured that includes financial status, hobbies, and habits. What type of report is that? 
 
Spendthrift Clause - ANSWER-The clause that protects the proceeds of a life insurance policy from creditors after the death of the ...
Aperçu 3 sur 18 pages
Ajouter au panierInspection Report - ANSWER-An insurer receives a report regarding potential insured that includes financial status, hobbies, and habits. What type of report is that? 
 
Spendthrift Clause - ANSWER-The clause that protects the proceeds of a life insurance policy from creditors after the death of the ...
The Director is conducting an examination of a foreign company transacting business in South Carolina. Who is responsible for the cost of the examination? - ANSWER-Foreign company 
 
Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: ...
Aperçu 2 sur 13 pages
Ajouter au panierThe Director is conducting an examination of a foreign company transacting business in South Carolina. Who is responsible for the cost of the examination? - ANSWER-Foreign company 
 
Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: ...
1x vendu
Incontestable period 
Probation period 
Reinstatement period 
Grace period - ANSWER_Grace period 
 
A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? 
 
Standard 
Substandard 
Acceptable 
Preferred - ANSWER_Preferred 
 
Which...
Aperçu 4 sur 77 pages
Ajouter au panierIncontestable period 
Probation period 
Reinstatement period 
Grace period - ANSWER_Grace period 
 
A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? 
 
Standard 
Substandard 
Acceptable 
Preferred - ANSWER_Preferred 
 
Which...
If the annuitant dies before the annuity start date -ANSWER -the premiums paid plus interest earned will be given to the beneficiary 
 
An insured individual and the policy's beneficiary die from the same accident. The common disaster provision states the insurer will continue as if -ANSWER -the in...
Aperçu 1 sur 3 pages
Ajouter au panierIf the annuitant dies before the annuity start date -ANSWER -the premiums paid plus interest earned will be given to the beneficiary 
 
An insured individual and the policy's beneficiary die from the same accident. The common disaster provision states the insurer will continue as if -ANSWER -the in...
What does Coordination of Benefits allow? - ANSWER_Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid 
 
A waiver of premium rider allows an insured to waive premium payments if the insured is - ANSWER_completely and permanently disabled 
 
Under th...
Aperçu 2 sur 11 pages
Ajouter au panierWhat does Coordination of Benefits allow? - ANSWER_Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid 
 
A waiver of premium rider allows an insured to waive premium payments if the insured is - ANSWER_completely and permanently disabled 
 
Under th...
What factors are considered in determining rates? - ANSWER-Age Medical history Occupation Sex and Gender 
 
What's shown by the use of deductible, co pays and self assurance - ANSWER-Risk Retention 
 
A negative more proned to losses method used as protection to decline an applicant - ANSWER-Advers...
Aperçu 1 sur 4 pages
Ajouter au panierWhat factors are considered in determining rates? - ANSWER-Age Medical history Occupation Sex and Gender 
 
What's shown by the use of deductible, co pays and self assurance - ANSWER-Risk Retention 
 
A negative more proned to losses method used as protection to decline an applicant - ANSWER-Advers...
Survivorship Life -ANSWER -The type of policy which pays on the death of the last person is called 
 
Malign another insurer -ANSWER -Defamation occurs when a producer makes a false statement intended to 
 
A 70 year old NOT eligible for Social Security 
 
*You are not eligible to receive Medicare ...
Aperçu 2 sur 8 pages
Ajouter au panierSurvivorship Life -ANSWER -The type of policy which pays on the death of the last person is called 
 
Malign another insurer -ANSWER -Defamation occurs when a producer makes a false statement intended to 
 
A 70 year old NOT eligible for Social Security 
 
*You are not eligible to receive Medicare ...
Producer license - ANSWER-an licensed producer who is appointed by an insurer to sell, advertise, take application and deliver insurance policies. 
 
Nonresident license - ANSWER-must be in good standing in home state, apply and pay for licenses, provide certified copy of license application from ho...
Aperçu 2 sur 6 pages
Ajouter au panierProducer license - ANSWER-an licensed producer who is appointed by an insurer to sell, advertise, take application and deliver insurance policies. 
 
Nonresident license - ANSWER-must be in good standing in home state, apply and pay for licenses, provide certified copy of license application from ho...
resident producer - ANSWER-An agent who holds an insurance license in the state in which they live 
 
non-resident producer - ANSWER-Agents who hold an insurance license in a different state than the one they live 
 
Broker - ANSWER-agents that work on behalf of life insurance companies to help pote...
Aperçu 3 sur 22 pages
Ajouter au panierresident producer - ANSWER-An agent who holds an insurance license in the state in which they live 
 
non-resident producer - ANSWER-Agents who hold an insurance license in a different state than the one they live 
 
Broker - ANSWER-agents that work on behalf of life insurance companies to help pote...
Nonresident Licensing Requirements -ANSWER- 1. File application on form prescribed by the director. 
2. File affidavit stating insurance on a risk in this state will only be placed with licensed agents of insurers licensed to operate in SC. 
3. File an affidavit stating he is a licensed broker in an...
Aperçu 2 sur 9 pages
Ajouter au panierNonresident Licensing Requirements -ANSWER- 1. File application on form prescribed by the director. 
2. File affidavit stating insurance on a risk in this state will only be placed with licensed agents of insurers licensed to operate in SC. 
3. File an affidavit stating he is a licensed broker in an...
Absolute Liability - ANSWER-A tort law concept in which an individual can be found legally responsible without 
being negligent. 
 
Accident - ANSWER-An unexpected and unintended chance happening occurring at a known time and place. 
 
Acceptance - ANSWER-An element of contract law under which one p...
Aperçu 4 sur 36 pages
Ajouter au panierAbsolute Liability - ANSWER-A tort law concept in which an individual can be found legally responsible without 
being negligent. 
 
Accident - ANSWER-An unexpected and unintended chance happening occurring at a known time and place. 
 
Acceptance - ANSWER-An element of contract law under which one p...
What does Coordination of Benefits allow? - ANSWER-Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid 
 
A waiver of premium rider allows an insured to waive premium payments if the insured is - ANSWER-completely and permanently disabled 
 
Under th...
Aperçu 2 sur 11 pages
Ajouter au panierWhat does Coordination of Benefits allow? - ANSWER-Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid 
 
A waiver of premium rider allows an insured to waive premium payments if the insured is - ANSWER-completely and permanently disabled 
 
Under th...
a cash surrender value of an annuity? - ANSWER-6 months 
Which of these is affected by the frequency of an insurance policy's premium payments? - ANSWER-Cost 
In an insurance contract, the insurer is the only party legally obligated to perform. Because of this, an insurance contract is considered -...
Aperçu 2 sur 8 pages
Ajouter au paniera cash surrender value of an annuity? - ANSWER-6 months 
Which of these is affected by the frequency of an insurance policy's premium payments? - ANSWER-Cost 
In an insurance contract, the insurer is the only party legally obligated to perform. Because of this, an insurance contract is considered -...
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur IMORA. Stuvia facilite les paiements au vendeur.
Non, vous n'achetez ce résumé que pour $23.49. Vous n'êtes lié à rien après votre achat.
4.6 étoiles sur Google & Trustpilot (+1000 avis)
73314 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 14 ans