Wa state life insurance - Study guides, Class notes & Summaries

Wa state life insurance exam study guide Fair credit reporting act - Answer️️ -A federal law that regulates consumer reporting agency's in the use of consumer reports Fair credit reporting act requirement - Answer️️ -The insurer must inform the applicant of the name and address of the investigation agency so the applicant is able to obtain a copy of the report and have the opportunity to refute any misinformation Fair credit reporting act requirement - Answer️️ -The investiga...

Wa state life insurance | latest 2023 Fair credit reporting act - A federal law that regulates consumer reporting agency's in the use of consumer reports Fair credit reporting act requirement - The insurer must inform the applicant of the name and address of the investigation agency so the applicant is able to obtain a copy of the report and have the opportunity to refute any misinformation Fair credit reporting act requirement - The investigating agency cannot report bad debts over se...

Life Insurance Test WA state (and general insurance review) Questions and Answers (Latest 2025)

UCanPass WA State Life Insurance Exam Questions and Answers

Life Insurance Test WA State (And General Insurance Review) Questions and Answers Graded A+ When does insured need an insurable interest? when they buy insurance(not like property casualty where have to have at time of claim and not necessarily when buying) when is subrogation used? not in life and seldom in health elimination period what acts as the deductible in health insurance(the term deductible is not used in disibility insurance) - have to actually be disabled for a certian ...

WA life and health State Insurance Laws

Every 2 year renewal period, a Producer must complete: - ANSWER 24 hrs of continuing education The Commissioner may suspend or revoke a Producer's license for any of the following: - ANSWER Guaranteeing dividends Rebating Twisting The Commissioner may: - ANSWER approve premium rates Jasmine knows that she must complete 24 hours of continuing education every two years to renew her life license. However, if she also obtains a casualty license, her total continuing education requirement...

Life Insurance Test WA state (and general insurance review)

WA LIFE & HEALTH INSURANCE LICENSE LATEST UPDATE GRADED A Fair Credit Reporting Act protects consumers against circulation of inaccurate or obsolete personal or financial information Domestic in the state Foreign in OTHER state Alien out of the U.S. (other country) Temporary License 180 DAYS Peril cause of loss (such as a fire) Risk chance of loss PURE Risk chance of loss WITHOUT ANY chance of gain Consideration Clause something of value must be exchanged NONresid...

Life Insurance Test WA state (and general insurance review)