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Premerica Exam Practice Questions and Answers | 100% Pass
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Premerica Exam Practice Questions and Answers | 100% Pass What is the timeframe for filling relevant suspicious activity reports - Answer️️ -30 days of initial discovery in the underwriting process, it was discovered that the applicant for life insurance is in poor health & has same danger...

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  • September 1, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • premerica exam practice questions and answers 10

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  • Life insurance
  • Life insurance

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SophiaBennett

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©SOPHIABENNETT
2024/2025 ACADEMIC YEAR




©SOPHIABENNETT 9/1/24 2024/2025

, Premerica Exam Practice Questions and
Answers | 100% Pass


What is the timeframe for filling relevant suspicious activity reports - Answer✔️✔️-30 days

of initial discovery

in the underwriting process, it was discovered that the applicant for life insurance is in

poor health & has same dangerous habits which of the following is true concerning the

policy premium? - Answer✔️✔️-Will likely be higher because the applicant is a

substandard risk

which of the following types of risk will result in the highest premium? - Answer✔️✔️-

substandard risks

which of the following is the basic source of information used by the company in the risk

selection process? - Answer✔️✔️-Application

An agent & an application for a life insurance policy fill out & sign the application.

however, the applicant does not wish to give the agent the initial premium, & no

conditional receipt is issued. when will coverage begin? - Answer✔️✔️-when the agent

delivers the policy, collects the initial premium, & the applicant completes an acceptable

Statement of Good Health

The medical information Bureau (MIB) was created to protect... - Answer✔️✔️-Insurance

companies, from adverse selection by high risk persons.




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