GUARANTEE EXAM FX

family policy - ️️a life insurance policy that provides coverage to every family member in a single policy, with permanent insurance on the breadwinner and convertible term on other family members is called a whole life policy is surrendered for a reduced-paid up policy. the cash value in th...

A return of premium life policy is written as what type of term coverage? - ️️Increasing What are the two types of Flexible Spending Accounts? - ️️Health Care and Dependent Care Taxation of LTC insurance... - ️️excessive benefits may be taxable Nonforfeiture values guarantee... ...

which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy - ️️c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or spec...

In the last 72 hours, there were 3 instances of volcanic eruptions that damaged a property covered by a dwelling policy. How many deductibles will the insured have to pay before the policy covers the damages caused by the eruptions? 1. Zero 2. One 3. Two 4. Three - ️️one In a personal aut...

To be considered an insurable risk, a loss may NOT be - ️️catastrophic Which of the following persons would be required to hold a producer license? - ️️a nonresident agent who negotiates insurance contracts Which of the following is the oldest known type of insurance? - ️️ocean mar...

Probationary Period - ️️A specified period of time that a person joining a group has to wait before becoming eligible for coverage. conversion rights when they leave a trust - ️️Employees that are covered under a MET have no NEVER - ️️Pregnancy is ________ a pre-existing condition ...

If an individual willfully violates provisions of the Fair Credit Reporting Act, what is the max civil penalty - ️️2500 An insurer must notify in writing that an investigative consumer report has been requested, within how many days of the initial request? - ️️3 days An underwriter is ...