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TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 VERSION A AND B ACTUAL EXAM COMPLETE 500 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+ $18.99   Add to cart

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TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 VERSION A AND B ACTUAL EXAM COMPLETE 500 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+

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  • TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INS

TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 VERSION A AND B ACTUAL EXAM COMPLETE 500 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+

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  • September 20, 2024
  • 186
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • texas general lines life
  • TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INS
  • TEXAS GENERAL LINES LIFE ACCIDENT AND HEALTH INS
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Charitywairimu
TEXAS GENERAL LINES LIFE ACCIDENT
AND HEALTH INSURANCE EXAM 2024
VERSION A AND B ACTUAL EXAM
COMPLETE 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+



VERSION A




JANET is licensed life insurance agent in Texas and
was so busy with her insurance practice that she
forgot to complement all of her continuing education
credits. How long is the grace period she has to
make up the missing credits - ....ANSWER...She
cannot make up the missing credits


Christina lives in a state that prohibits medical
underwriting in the sale of health insurance. What
she applies for an individual health insurance policy,

,the insurer - ....ANSWER...Must use a single
community rate to set the premium


Ben owns a $100.000 policy on his life, which sell to
his younger brother, Bart, for $50.000 Bart names
himself beneficiary and pays the policy's annual
$1.500 premium. For years after the sale, Ben dies,
and Bart receives the policy's $100.000 death
benefits. Under the transfer-for-value rule, what is
Bart's taxable "gain" on the policy -
....ANSWER...$44,000


Because, Bart's gain in the policy is $44.000: the
$100.000 death benefits less the $50.000 porches
price and $6.000 premium paid


Under the Age Discrimination in Employment Act, an
employer that reduces group health benefits for
older employees must: - ....ANSWER...maintain equal
contributions for all employees


Because the cost of reduced benefits for older
employees is similar to the cost of full benefits for
younger workers. Therefore, the employer must
maintain equal contribution for all employees.

,Which of the following statements about insurance
executives bonus plans is correct - ....ANSWER...The
portion of the premium paid by the employer can be
deducted by the employer and is treated as taxable
income to the executive


Under an executive bonus plan, the portion of the
premium paid by the employer is taxable income to
the executive and deductible by the employer


Which is NOT a type a basic medical expense policy -
....ANSWER...lab expense policy


If an applicant for insurance unintentional misstates
her age on her life insurance application, what will
the insurer do if this is discovered after the end of
the contestability period - ....ANSWER...The insurer
will re-calculate the death benefits


Medical expenses insurance plans are divided into
which two clases - ....ANSWER...Indemnity plans and
managed care plans

, Ann wants to replace her existing Medicare
supplements policy with another policy because she
is not satisfied with its cost and the type of coverage
provided. In this case, her agent Henry must: -
....ANSWER...Provide a notice regarding replacement
to Anna stating that there will be no duplication of
coverage


The flat benefits amount for partial disability is
usually what percent of the full disability benefits -
....ANSWER...50 percent


Which product supplements Medicare buy offerings
benefits delivered through a network of health care
providers - ....ANSWER...Medicare SELECT plan


Which of the following types of life insurance is the
least expensive way to provide mortgage loan
protection - ....ANSWER...Decreasing term insurance


In Texas, new enrollment to an HMO who do not
choose a primary care physician with an established
period of time can have their coverage cancelled
how many days following written notice by the HMO
- ....ANSWER...30 days

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