Arkansas life - Study guides, Class notes & Summaries

ARKANSAS LIFE AND HEALTH INSURANCE

J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - Answer Twisting What is implied authority defined as? - Answer Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - Answer Preferred Which of the following is cons...

Arkansas Life and Health Insurance Exam Questions And Answers Absolute Assignment - ANS assignment by the policyholder of all the policy control and rights to a third party Accident and Sickness - ANS insurance against bodily injury, death or disability by accident or against disability or expense resulting from sickness Accident Insurance - ANS a form of health insurance against loss by accidental bodily injury Accidental Bodily Injury - ANS generally, traumatic damage ...

Arkansas Life and Health Insurance Complete Questions & Solutions!!Absolute Assignment - ANSWER assignment by the policyholder of all the policy control and rights to a third party

Arkansas Life Insurance Training Questions And Answers Twisting - ANS Misrepresenting for the purpose of inducing or tending to induce the lapse, forfeiture, exchange, conversion, or surrender of any insurance policy. Unfair Discrimination - ANS Permitting individuals of the same class and equal life expectancy to be charged different rates for life insurance or annuities. Boycott, Coercion, Intimidation - ANS Entering into action resulting in an unreasonable restraint of,...

A life insurance premium is paid each month. The insurer then subtracts a mortality and expense charge from the policy's cash value. This best describes which of the following life insurance policies? A. Whole Life B. Variable Whole Life C. Universal Life D. Adjustable Whole Life - correct answer C. Universal Life What is the name of a single policy covering two or more lives that pays benefits upon the death of the first insured? A. Accidental Death B. Joint Survivorship Life C. Join...

Arkansas Life Insurance Exam with correct Answers

ARKANSAS LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 100% PASS J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - Correct Answer ️️ -Twisting What is implied authority defined as? - Correct Answer ️️ -Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fal...

Arkansas Life Insurance Exam. 182 Questions With 100% Correct Answers 2024. Updated. A life insurance premium is paid each month. The insurer then subtracts a mortality and expense charge from the policy's cash value. This best describes which of the following life insurance policies? A. Whole Life B. Variable Whole Life C. Universal Life D. Adjustable Whole Life C. Universal Life What is the name of a single policy covering two or more lives that pays benefits upon the death of the ...

Arkansas Life Insurance Exam