Michigan Life and Health State exam Simulator EXAM QUESTIONS AND ANSWERS 100 % ACCURATE AND UPDATED !
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Course
Michigan Life and Health State exa
Institution
Michigan Life And Health State Exa
How are contributions made to a Roth IRA handled for tax purposes - ANSWER Not tax deductible
Term insurance is appropriate for someone who - ANSWER Seeks temporary protection and lower premiums
Which of the following employers is required to follow ERISA regulations - ANSWER A local electric...
, Michigan Life and Health State exam
Simulator EXAM QUESTIONS AND
ANSWERS 100 % ACCURATE AND
UPDATED !
How are contributions made to a Roth IRA handled for tax purposes - ANSWER Not tax
deductible
Term insurance is appropriate for someone who - ANSWER Seeks temporary
protection and lower premiums
Which of the following employers is required to follow ERISA regulations - ANSWER A
local electrical supply company with 12 employees
Paul the producer has provided a false statement in relation to an insurance claim.
Which illegal act has been committed - ANSWER Fraud
In an employer-sponsored group accident and health plan a master contract is issued to
the - ANSWER Employer
Which of the following is an example of a producer's fiduciary duty - ANSWER
Recording receipt and remittance of premiums due to the insurance company
An insured was injured as an innocent bystander when someone committed a felony.
the insurer is - ANSWER liable for the loss
Which settlement option pays a stated amount to an annuitant but no residual value to a
beneficiary - ANSWER Life income
The policyholder for a group health benefit plan is considered to be the - ANSWER
Employer
The election of COBRA for continuation of health coverage will - ANSWER Maintain the
same coverage and increase premium
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