Life and Health Insurance Exa Question
Missouri State University
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Missouri Life Insurance Questions & Answers, PearsonVue Life Insurance Practice Exam, Missouri Life and Health Exam Questions And Answers, Chapter 7- Insuring your health and your life PF Qs&As, Missouri Life Insurance Exam Qs&As & Life and Health Insuran
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Missouri Life and Health Exam Questions And Answers
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 - ANS-insuring clause
under which circumstance MUST a health insurer have an expedited grievance review procedure? - A
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Life and Health Insurance Exam (Missouri) Questions & Answers
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Life and Health Insurance Exam (Missouri) Questions & Answers 
Insurance policies are considered aleatory contracts because: 
1)they are take it or leave it contracts 
2)both parties consent to the contract 
3)performance is conditioned upon a future occurence 
4)the contract is voidable upon proof of fraud - ANS-Performance is conditioned upon a future 
occurence, because there is an element of chance and potential for unequal exchange of value 
K failed to pay a renewal premium within the tim...
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