Kansas Life & Health Insurance Verified Bundle Deal

Comprehensive Review- Kansas Life and Health Exam All Answers Correct Entire Contract ️is the provision that states that the producer does NOT have the authority to change the policy or waive any of its provisions Decreasing Term ️the automatic load provision can be incorporated into all o...

Kansas Life Insurance Exam Graded A Insurance ️- Transfers the risk of loss from an individual to an insurer - Based on the principle of indemnity - Based on the spreading of risk (risk pooling ) and the law of large Insurable Interest ️- Must exist at the time of application - Insuring one...

Kansas Life Accident and Health Exam Verified Solutions What type of annuity provides a pre-determined income amount for life? ️Fixed Life annuity A life insurance policy which matures at the termination of a specified period other than age 100 is an ️Endowment A type of life insurance p...

Kansas Insurance Life and Health Pre-Study Course Graded A Producer ️An individual and/or an entity authorized in writing (through a company contract) by a lawfully qualified insurance company to transact, negotiate, or effect contracts of insurance on behalf of that insurance company. Res...

Kansas Insurance Practice Exam Guaranteed Success The consideration clause in an accident and health policy states the ️applicant pays the initial premium Which of the following reports may include information obtained by a telephone call to the proposed insured? ️Inspection report Hea...

Kansas Insurance Rules and Regulations Graded A+ Within how many days must you notify the Commissioner's office of any changes of name, home or business address, or convictions? 30 days When can a temporary license be issues? -Emergency situations of death or disability Who can temporary li...

Life Health and Accident Insurance Exam and Notes Verified Solutions When completing the application, the agent would be expected to do all of the following EXCEPT? Set the final rates for the new policy If after completing the application the agent finds that a question was missed. The agent ...

Kansas Rules and Regulations Common to All Lines All Answers Correct Which of the following would be considered false advertising? A. Stating that a policy has limitations and exclusions B. Failing to include premiums in sales materials C. Implying that the agent is the insurer D. Stating...

Kansas Rules and Regulations Common to all Lines a Department of Insurance has been established to do what ️supervise and regulate the business of insurance in the state of Kansas The chief officer of the Department of Insurance is the... ️Commissioner of Insurance The Commissioner is el...

Kansas Crop Insurance Licensing Terms Graded A Who is required to obtain a license? Any who is involved in the sale of the policy (signing documents, discussing rates, and policy provisions) Who is NOT required to obtain a license? 1. Directors, managers, etc. who don't sell policies or recei...

Texas Statutes and Rules Common to Life and Health Insurance Verified Solutions How many hours of continuing education can be carried over from one licensing period to the next? ️0 An insurer that holds a Certificate of Authority in the state in which it transacts business is considered ...

NY Life Insurance Exam Review All Answers Correct Based on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? A. Insured's annual expenses B. Effect of inflation on income over time C. Predicted needs of the family after the insured...