Mississippi Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)

Mississippi License Law Questions and Answers 100% Pass Who appoints the members of the Mississippi Real Estate Commission? The Governor In order to prevent suspension or revocation of a license, what must a broker do with earnest money received? Deposit the money into an escrow account by...

Mississippi Life and Health Insurance Latest Update Graded A+ Absolute assignment Policy assignment under which the assignee (person to whom the policy is assigned) receives full control over the policy and also full rights to its benefits. Generally, when a policy is assigned to secure a ...

MS Life and Health Insurance Test Questions and Answers Already Passed Which of these do NOT constitute policy delivery? Policy issued with a rating Which of these types of life insurance allows the policyowner to have level premiums and to also choose from a selection of investment options?...

Mississippi License Law Ch. 1 - Questions and Answers Rated A+ In order to prevent suspension or revocation of a license, what must a broker do with earnest money received? Deposit the money into an escrow account by the close of the next banking day. If the MREC receives a complaint agains...

Mississippi Licensure Rules and Regulations Questions and Answers 100% Pass In case of an emergency when a parent cannot be reached, at least____ (#) people should be listed as contacts. 2 The date of withdrawal from a facility and the ______for withdrawal should be in a child's record....

Life & Health Insurance Exam Latest Update Graded A+ Insurance transfer of risk Speculative risk has a possibility of both loss and gain Pure risk only has a possibility of loss (no gain) Exposure risks for which an insurance company would be liable expressed in units Peril caus...

Health Questions and Answers Already Passed A producer receives a phone call from an insured who already has health insurance and now wants to buy an Accidental Death and Dismemberment (AD&D) policy. In this situation, the producer should take which of the following actions? Answer the routi...

Life and Health Insurance Final Exam Questions with Verified Solutions ________ is a health insurance policy that only covers physician services and procedures. Proves first dollar benefits by the insurer, but low coverage limits. Basic Medical Expense ________ is a health insurance policy t...

Mississippi Property and Casualty Law Supplement Questions and Answers Already Passed Making false, maliciously critical, or derogatory statements about an insurer, with the intent of causing injury, is an illegal practice known as... Defamation The Commissioner of Insurance in Mississipp...

MS Property & Casualty Questions and Answers Already Passed To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 24 hrs & 3 of those hours ethics To renew a producer license which is been in effect for 18 months or less, a producer m...

Mississippi INS Questions and Answers Rated A+ Every producer licensed in Mississippi must notify the Commissioner within how many days of any change of address 30 days Any inducement offered to the insured in the sale of insurance products that is not specified in the policy is called Re...

Principles of Insurance - (Mississippi State - Seth Pounds - Exam 2) Latest Update Graded A+ A ___________________ is a corporation *owned by stockholders.* - *Objective:* earn profit for stockholders by increasing the value of stock and paying dividends - Stockholders *elect board of d...

Chapter 8 - Mississippi Laws & Rules Pertinent to Insurance Latest Update Graded A+ A producer is suggesting replacement if a prospective insured is given all of the following advice, EXCEPT: Convert your Term insurance to Whole Life Which of the following would be a valid reason for susp...

Mississippi Insurance (Property & Casualty) Latest 2024 Graded A+ Insurance Regulated at the state level Insurance code State insurance law Commissioner of Insurance Chief Officer of the Insurance Department Commissioner of Insurance Elected to a 4 year term Commissioner of Insurance...