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Package Deal For Wisconsin Accident and Health Insurance Exam 1,2,3 and 4 Study Questions and Answers 2024
Package Deal For Wisconsin Accident and Health Insurance Exam 1,2,3 and 4 Study Questions and Answers 2024
[Show more]Package Deal For Wisconsin Accident and Health Insurance Exam 1,2,3 and 4 Study Questions and Answers 2024
[Show more]Dividends from a stock company are normally sent to: 
Beneficiaries 
Shareholders 
Policy holders 
Insureds - ANSWER -Shareholders 
 
Which of the following financial products creates an instant estate, no matter when the date of death? 
Mutual funds 
Life insurance 
Certificate of deposit 
Deferr...
Preview 4 out of 41 pages
Add to cartDividends from a stock company are normally sent to: 
Beneficiaries 
Shareholders 
Policy holders 
Insureds - ANSWER -Shareholders 
 
Which of the following financial products creates an instant estate, no matter when the date of death? 
Mutual funds 
Life insurance 
Certificate of deposit 
Deferr...
If a disability income policy contains a cost-of-living adjustment rider, benefits must typically be increased 
 
at the insurer's discretion. 
at least once per year from policy issue. 
at least once per year from when benefits begin. 
based on the performance of the S&P. - ANSWER-at least once pe...
Preview 2 out of 8 pages
Add to cartIf a disability income policy contains a cost-of-living adjustment rider, benefits must typically be increased 
 
at the insurer's discretion. 
at least once per year from policy issue. 
at least once per year from when benefits begin. 
based on the performance of the S&P. - ANSWER-at least once pe...
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. 
Intermediary's license is revoked. 
Intermediary's commission rate is reduced. - ANSWER-In...
Preview 3 out of 29 pages
Add to cartWhat 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. 
Intermediary's license is revoked. 
Intermediary's commission rate is reduced. - ANSWER-In...
Alan is an enrollee of a health maintenance organization (HMO) which uses a gatekeeper system. If there ever comes a time when he needs emergency health services, what should he do? 
 
Receive permission from the primary physician to begin treatment. 
Call the HMO to verify coverage. 
Proceed to the...
Preview 4 out of 39 pages
Add to cartAlan is an enrollee of a health maintenance organization (HMO) which uses a gatekeeper system. If there ever comes a time when he needs emergency health services, what should he do? 
 
Receive permission from the primary physician to begin treatment. 
Call the HMO to verify coverage. 
Proceed to the...
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