Missouri health - Study guides, Class notes & Summaries

Adverse Selection - Answer insuring of risks that are more prone to losses than the average risk agent/producer - Answer legal representative of insurance company producer - Answer includes agents and brokers agent - Answer agent of the insurer applicant - Answer a person applying for insurance beneficiary - Answer person who receives benefits of an insurance policy death benefit - Answer the amount paid upon death of the person insured through life insuran...

An agent is ready to deliver a policy to an applicant but has not yet received payment. Upon delivery, the agent collects the applicant's premium check, answers any questions the applicant may have, and then leaves. What did he forget to do? - Answer Ask her to sign a statement of good health An insured misstated her age on an application for an individual health insurance policy. The insurance company found the mistake after the contestable period had expired. The insurance company will ...

Missouri Health & Life |Practice Test 1 Questions & Answers!!

Missouri Health Insurance Questions With Correct Answers(RATED A)

Consideration - Answer something of value that each party gives to the other Warranty - Answer absolutely true statement upon which the validity of the policy rests Representation - Answer statements believed to be true to the best of one's knowledge but not guaranteed to be true. misrepresentations - Answer untrue statements that void the policy material misrepresentation - Answer a statement that, if discovered, would alter an insurance company's underwriting decision. ...

Missouri Health insurance Questions & Answers 100%

Missouri Life and Health Exam Questions And Answers 2024

Missouri Life and Health Insurance Exam 100% Correct!!!

MISSOURI LIFE AND HEALTH EXAM 2024/2025 In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Precise Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? - Precise Answer when the enrollee's life or health is jeapordized The Consideration clause in a life insurance contract contains what p...