FINAL EXAM - ARIZONA LIFE AND HEALTH QUESTIONS AND ANSWERS |100% PASS
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Course
Arizona life and health insurance
Institution
Arizona Life And Health Insurance
FINAL EXAM - ARIZONA LIFE AND
HEALTH QUESTIONS AND ANSWERS
|100% PASS
Which of these is true regarding the exchange of consideration among parties involved in an insurance
contract? - Answer-Can be unequal
The premiums paid by an employer for his employee's group life insurance are usually con...
Which statement concerning the Entire Contact provision in an individual accident and health insurance
policy is TRUE? - Answer✔✔-The agent doesn't have the authority to change the policy or waive its
provisions
Under the Fair Credit Reporting Act, which statement is true? - Answer✔✔-The consumer who was
investigated must be advised that credit, insurance, or employment was denied because of an
unfavorable report.
Field underwriting by a producer? - Answer✔✔-May result in the disclosure of hazardous activity of the
applicant.
When group benefits under COBRA have expired, a fully insured group policy can be converted to a(n) -
Answer✔✔-Individual health policy
In a qualified retirement plan, the yearly contributions to an employee's account? - Answer✔✔-Are
restricted to maximum limits set by the IRS
The unwritten authority given to a producer to carry out necessary incidental acts of the agency
agreement is called? - Answer✔✔-Implied authority
Which provision makes the application part of the annuity contract? - Answer✔✔-Entire Contract clause
Arizona Law require the Human Immunodeficiency Virus (HIV) consent form to? - Answer✔✔-Disclose
the types of individuals or organizations that may receive a copy of the test results
Under which marketing system do insurers solicit customers by mass media advertising and mail without
their services of an agent? - Answer✔✔-Direct Response
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