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ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+$17.49
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ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+
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Course
ARIZONA LIFE AND HEALTH INSURANCE 2024
Institution
ARIZONA LIFE AND HEALTH INSURANCE 2024
ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+
ARIZONA LIFE AND HEALTH
INSURANCE EXAM 2024 ACTUAL
EXAM COMPLETE 400 QUESTIONS
WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS)
/ALREADY GRADED A+
An insurance company may delay the payment of the
cash value of a surrendered whole life insurance
policy for up to - ....ANSWER...6 month
A life insurance policyowner would like a dividend
option that results in a limited current outlay of
funds. Which dividend option would be chose? -
....ANSWER...Reduction of premium payment
When a Medicare Supplement insurance policy is
being replaced, who must sign the notice of
,replacement? - ....ANSWER...The producer and the
applicant
Security laws passed by Congress are enforced by
which Federal agency? - ....ANSWER...Security and
Exchange Commission (SEC)
The principal source of info concerning an applicants
identity, age, and marital status is found in the -
....ANSWER...Completed application
What determines how much an annuitant is paid for
a variable annuity? - ....ANSWER...The market value
fluctuations of the securities backing it
Which life insurance policy option allows the
policyowner to have coverage equal to the net death
benefit of the lapsed policy? - ....ANSWER...Extended
term nonforfeiture option
Illustrations used in the sale of life insurance
contain a statement that must be signed by -
....ANSWER...producer
,According to ERISA regulations, a summary plan
description must be provided to a new plan member
within _____ Days of the members eligibility date. -
....ANSWER...90
The authority to change the beneficiary in an
individual annuity lies with the - ....ANSWER...Owner
Starting in 2016, businesses with up to ___
employees will be defined by the ACA as a "small
business". - ....ANSWER...100
A family counseling benefit is typically offered under
which of these coverages? - ....ANSWER...hospice
care
Under the telemarketing sales rule, telemarketing
calls may ONLY be received between the hours of -
....ANSWER...8am and 9pm
An insured has a $25,000 whole life insurance policy
with $6,000 cash value available. Under the extended
term nonforfeiture option, what is the amount of
insurance available to the insured? -
....ANSWER...$25,000
, XYZ Insurance Company gives direct authority to its
producers to sell insurance through an agency
contract, but nothing is stated regarding the
collection of premiums. Which authority grants the
producer the right to collect premiums? -
....ANSWER...implied authority
Employees generally receive workers compensation
benefits for - ....ANSWER...lost wages and medical
expenses due to occupational accidents
Which type of policy pays benefits to a policyholder
covered under a Hospital Expense policy? -
....ANSWER...reimbursement
The initial premium for a life insurance policy is
typically paid in what way? - ....ANSWER...It is
typically obtained by the producer and forwarded to
the insurer
Regulations for variable insurance contracts are set
by all of the following except - ....ANSWER...State
Attorney General's Office
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