Life and Health

Michigan Life and Health Final Exam Last document update:   ago

Term insurance is appropriate for someone who - seeks temporary protection and lower premiums. After the first payment is made the grace period for an accident and health policy is___days. - 30 An attending physicians statement would be appropriate with insurance purposes? All of trequest of an insurer to assist in underwriting decision. - an attending physicians statement is done at the request of insurer when it could affect the underwriting decision- consent of the application. An acc...

Final Exam-Michigan Life and Health Questions and Answers Grade A+ 2023 Last document update:   ago

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 n...