Mi life producer final - Study guides, Class notes & Summaries

LIFE PRODUCER EXAM (MI) final verified 100% Which of the following is NOT true regarding a Certificate of Authority? a)It may be necessary for transacting business in a specific state. b)It is equivalent to an insurance license. c)It is issued by the state department of insurance. d)It is issued to group insurance participants. - d) It is issued to group insurance participants. Before insurers may transact business in a specific state, they must apply for a license or Certifica...

What amount will be paid under a policy where the insured misstated his/her age? - an amount the premium would have purchased at the correct age the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within days - 30 days which of these is considered to be a Living benefit option in a life insurance policy - Accelerated death benefit loans obtained by a policy owner against the cash value of a life insurance policy - would not be treat...

MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+. Final Exam-Michigan Life and Health 1. What amount will be paid under a policy where the insured misstated his/her age?: an amount the premium would have purchased at the correct age 2. the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days: 30 days 3. which of these is considered to be a Living benefit option in a lif...

MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+. Final Exam-Michigan Life and Health 1. What amount will be paid under a policy where the insured misstated his/her age?: an amount the premium would have purchased at the correct age 2. the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days: 30 days 3. which of these is considered to be a Living benefit option in a lif...

Final Exam-Michigan Life and Health questions and answers latest top score. What amount will be paid under a policy where the insured misstated his/her age? - correct amount the premium would have purchased at the correct age the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - correct answers.30 days which of these is considered to be a Living benefit option in a life insurance polic...

Final Exam-Michigan Life and Health Exam Questions And Answers (Verified And Updated) What amount will be paid under a policy where the insured misstated his/her age? - answeran amount the premium would have purchased at the correct age the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - answer30 days which of these is considered to be a Living benefit option in a life insurance policy - answerAccelerated dea...

Final Exam-Michigan Life and Health Questions And Answers (100%Pass!!!)A+ GRADED What amount will be paid under a policy where the insured misstated his/her age? - correct answer...an amount the premium would have purchased at the correct age the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - correct answer...30 days which of these is considered to be a Living benefit option in a life insurance policy - c...

WGU Pathophysiology Study Guide: D236 Pathophysiology Lesson 1 TO Lesson 11 WGU Pathophysiology Study Guide: D236 Pathophysiology Lesson 1 TO Lesson 11: Pathophysiology Remediation Lesson 1: Homeostasis Concepts 1. Starling's Law of Capillary forces is the force behind the movements of fluid in capillary beds throughout the body. The two forces at work are hydrostatic and osmotic pressures. Homeostasis is achieved when these two forces are equal in the capillary- cell interfaces. When ...

MI LIFE PRODUCER {Final Exam} Questions And Answers 100% Pass. A non-contributory health insurance plan, helping the insurer avoid? - answerAdverse Selection When calculating the amount of life insurance needed for an income earner, what has to be determined when using the NEEDS APPROACH? - answerThe family's financial objectives if the income earner were to die OR become disabled. Which of these are likely to occur when life OR health insurance is being applied for? - answerMedical h...