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Washington Laws and Rules Pertinent to Insurance With Questions And 100% SURE ANSWERS
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Washington Laws and Rules Pertinent to Insurance With Questions And 100% SURE ANSWERS
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JACKLINEWashington Laws and Rules Pertinent to Insurance With Questions And 100% SURE ANSWERS
Terms in this set (159)
Violations of US Code Title 18 section 1033, may Fine and/or imprisonment
result in
Charles is a producer who is licensed in Nonresident producer
Washington but resides in Oregon. Charles is
considered to be a(n)
Before a producer may sell, solicit, or negotiate Appointment
insurance from an insurer, the producer must
have a(n)
The act of using misrepresentation to induce an Twisting
insured person to terminate an existing policy
and purchase a new policy is referred to as
An example of an unfair claims settlement Turning down a claim without providing the basis of denial
Washington Laws and Rules Pertinent to Insurance
1/9
, One role of the Commissioner is to Enforce state insurance laws
Every producer licensed in Washington must 30
notify the Commissioner within ___ days of any
change of the address.
The identity of the____ must be made clear in Insurer
every health (disability) insurance advertisement.
A life insurance policy becomes incontestable 2 years
after it has been in force for
Advertising regulations exist to Assure full and truthful disclosures to the public
When a Medicare Supplement insurance policy The producer and the applicant
is being replaced, who must sign the notice of
replacement?
What is the MINIMUM benefit period that must 12 months
be offered by a Long-Term Care policy?
We have an expert-written solution to this problem!
No legal action can be initiated after ___ years 3
from the initial time written proof of loss has
been provided.
When replacing a life insurance policy, a Notice Regarding Replacement
producer must provide the applicant with a
A Medicare Supplement policy can be cancelled Nonpayment
by the insurer for
A company that is chartered and organized of Domestic insurer
the state in which its home office is located is
called a(n)
An insurance company may only pay Licensed producer appointed by the insurer
commissions to a(n)
An example of an Unfair Claims Settlement Failing to promptly provide reasonable explanations for the denial of claims
practice is
Washington Laws and Rules Pertinent to Insurance
2/9
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