Tennessee life - Study guides, Class notes & Summaries

TENNESSEE LIFE & HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS Fixed Business Expenses - correct answer The reason for a business having a Business Overhead Expense Disability Plan is to cover: Insured must be under a physician's care - correct answer What is the initial requirement for an insured to become eligible for benefits under the Waiver of Premium provision? Conditional - correct answer K applies for a life insurance policy on herself and submits the initial premium with the ap...

Tennessee Life Insurance Exam (2022/2023) Graded A+ Accelerated Benefits Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured' death is the result of an accident Accu...

Tennessee Life Insurance Exam Answered Correctly!!

TENNESSEE LIFE INSURANCE TEST EXAM 2024 WITH 100% CORRECT ANSWERS What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? A. Irrevocable beneficiary B. Tertiary beneficiary C. Primary beneficiary D. Revocable beneficiary - correct answer When can a policyowner change a revocable beneficiary? A. Anytime B. After the consent of the current beneficiary C. Never D. Only if primary beneficiary dies - correct answer K has a life insuran...

Accelerated Benefits - ans Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits - ans A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance - ans An insurance policy that provides payment if the insured' death is the result of an accident Accumulation period ...

Tennessee Life and Health Insurance Exam Study Guide Rated A+ The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. 30 A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker C. Business...

TENNESSEE LIFE INSURANCE TEST EXAM 2024 WITH 100% CORRECT ANSWERS What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? A. Irrevocable beneficiary B. Tertiary beneficiary C. Primary beneficiary D. Revocable beneficiary - correct answer When can a policyowner change a revocable beneficiary? A. Anytime B. After the consent of the current beneficiary C. Never D. Only if primary beneficiary dies - correct answer K has a life insuran...

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