Wisconsin Life and Health Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)

WI Life Insurance Exam Questions and Answers Already Passed What is the purpose of the Wisconsin State Life Insurance Fund? a) to offer low-cost life insurance to state residents b) To protect insured against insolvent insurers c) To advertise different types of life insurance policies av...

NWM General Wisconsin Insurance Laws Questions and Answers 100% Pass What is coersion? A forceful act or threat aimed to influence a person to act against their will What is exempt? Not subject to an obligation What is an inducement? an offer that attmepts to influence the other party ...

Laws and Rules Chapter 11 Questions and Answers 100% Pass A person who intentionally commits a criminal violation of an insurance law may be subject to a MAXIMUM fine of $5,000 The Insurance Security Fund was established to protect consumers in the event of an insurer's Insolvency An ...

State Health Insurance Exam Questions and Answers Already Passed A policy with an impairment rider, the policy won't be considered delivered until: Impairment rider has been explained and the applicant's signature has been obtained A preexisting condition waiting period for a small emplo...

Wisconsin Laws and Rules Pertinent to Life and Health Insurance Questions and Answers Latest Update Already Passed In regards to technology and the ACA, which of the following statements is correct? States which operate with an Exchange must offer an internet-based portal Health providers a...

PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM QUESTIONS AND ANSWERS GRADED A+ Under the misstatement of age or gender provision, what happens if it is determined at death that the insured's age or gender was misstated on a life insurance policy application? Benefits are adjusted to an amou...

WI Health Insurance Exam Prep Questions and Answers Already Passed Which of the following is true regarding the notice of the insured's right to file a complaint? A) the notice must be prominently displayed in the agent's office during the time of application B) Every insurer must provide su...

WI Health Insurance Exam Latest Version Graded A+ The WI Health Insurance Risk-Sharing Plan Provides health coverage for people who are unable to otherwise obtain insurance because they are too high risk to insure. Anyone whi tested positive for the presence of HIV is automatically eligible ...

C. Wisconsin Life Insurance - Regulation and Licensing Quiz with Complete Answers Who must have an intermediary's license? Anyone wishing to sell insurance in Wisconsin Which of the following need an intermediary's license? -Insurance company officers... -An insurance "advisor"... -...

Wisconsin Accident and Health Insurance Exam 3 Questions and Answers 100% Pass What is the consequence for an intermediary's failure to pay his/her biennial license fee? Intermediary is incarcerated by the Insurance Commissioner. Intermediary's license is suspended for 180 days. Interm...

WI Life Insurance Exam Questions and Answers Already Passed A person who knowingly obtains information on a consumer from a consumer reporting agency under false pretenses may be imprisoned for up to how many years? 2 years which of the following falls under an agent's fiduciary responsib...

Wisconsin Life Insurance Latest Update Graded A+ The Commissioner obtains a restraining order against a person who has violated an insurance law. The person continues the violation for 10 days. The person will have to pay a fine of $0 - The Commissioner may obtain a temporary or permanent in...

Wisconsin Health Insurance Latest Update 100% Correct Accident An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance A type of insurance that protects the insured against loss due to accidental bodily injury. Accidental Bodily Injury Unpla...

Wisconsin Insurance Exam Latest Update Graded A+ Risk Not Knowing what will happen in the future and the possibility the outcome will be negative Defined As: Chance of Loss Possibility of Loss Uncertainty of Loss Types of Loss 1. Financial -Loss of house to loss of life 2. Non-Fi...