Ga life insurance exam - Study guides, Class notes & Summaries

GA Life Insurance Exam Questions and Answers 100% Pass Who elects the governing body of a mutual insurance company? - Correct Answer ️️ - policyholders What year was the McCarran-Ferguson Act enacted? - Correct Answer ️️ -1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - Correct Answer ️️ -a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on ha...

GA Life Insurance Exam Questions and Answers 100% Pass Who elects the governing body of a mutual insurance company? - Correct Answer ️️ - policyholders What year was the McCarran-Ferguson Act enacted? - Correct Answer ️️ -1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - Correct Answer ️️ -a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on ha...

GA Life Insurance Exam With Complete Solutions 2024

Who elects the governing body of a mutual insurance company? - correct answer policyholders What year was the McCarran-Ferguson Act enacted? - correct answer 1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - correct answer a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - corr...

GA Life Insurance Exam Already Rated A+ Who elects the governing body of a mutual insurance company? ️policyholders What year was the McCarran-Ferguson Act enacted? ️1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: ️a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: ️re...

Which of the following is TRUE if the owner of an IRA names their spouse as beneficiary, but then dies before any distributions are made? - the account can be rolled into the surviving spouse's IRA T and S are named co-primary beneficiaries on a $500,000 Accidental Death and Dismemberment policy insuring their father. Their mother was named contingent beneficiary. Five years later, S dies of natural causes and the father is killed in a scuba accident shortly afterwards. How much of the deat...

Who elects the governing body of a mutual insurance company? - Answer-policyholders What year was the McCarran-Ferguson Act enacted? - Answer-1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - Answer-a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - Answer-reserves What is the nam...

GA Life Insurance Exam

GA Life Insurance Exam quizzes & Ans.

GA Life Insurance Exam Questions and Answers Rated A+ Who elects the governing body of a mutual insurance company? policyholders What year was the McCarran-Ferguson Act enacted? 1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: reserves ...