Health insurance policys - Study guides, Class notes & Summaries

Whole Life Insurance - answers-A permanent insurance policy which is guaranteed to remain in force for the insured's entire lifetime - Provided that the required premiums are paid, or to the policy maturity date. Whole Life Insurance can also be described as: - answers-Permanent, endowment, or ordinary Whole Life is designed to - answers-Remain in force for the whole life of the insured and the premiums will never increase. Limited pay whole life - answers-Policy allows for a lifetime ...

Who maintains responsibility for claims made in an advertisement on behalf of an insurance company? a-The writer b-the insurer c-the producer d-the Department of Insurance - Answer the insurer Which of the following is true regarding coverage for diabetes in Group health insurance policy's in Missouri? a-Coverage is optional with a higher copayment b-coverage is available in limited benefit health plans c-coverage must be provided without deductibles d-coverage is required for ty...

Connecticut Life and Health Insurance

Life and Health Insurance Exam questions and answers 100% guaranteed success. Which dividend option would an insurer invest the policyowner's money and add any interest earnings as the dividends accrue? - correct answers.Accumulation at interest option Which of these is not a true statement regarding HIC's - correct answers.Benefits are provided on a reimbursement basis Which of the following pertains to the analysis of an applicant's personal information and dete...

Arizona Life Insurance Exam Questions and Answers (Latest Update 2023) Verified Answers a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year - Correct Answers they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee if the i...

Whole Life Insurance - answers-A permanent insurance policy which is guaranteed to remain in force for the insured's entire lifetime - Provided that the required premiums are paid, or to the policy maturity date. Whole Life Insurance can also be described as: - answers-Permanent, endowment, or ordinary Whole Life is designed to - answers-Remain in force for the whole life of the insured and the premiums will never increase. Limited pay whole life - answers-Policy allows for a lifetime ...

Arizona Life Insurance Exam Questions and Answers (Latest Update 2023) Verified Answers a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year - Correct Answers they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee if the i...

webce Exam questions and Answers which of the following situations presents a situation of pure risk? -knowing that his family is depending on him, Frank wants to insure his life -wanting to increase his retirement savings, Saul invests his life savings in the stock market -Ralph takes a second mortgage on his house and uses the proceeds to gamble -wanting better job security, Ron cashes in his life insurance to start his own business - Correct answer knowing that his family is dependin...

CT Life and Health State Exam Simulator with complete solutions 2024/2025 After a life insurance policy has been in force for more than _____ years the policy is considered incontestable. - Correct Answer 2 Years An accident and health insurance policy's premium requirements are set forth in which of the following provisions? - Correct Answer Consideration Clause Which of these would NOT be a valid reason to add the waiver of premium rider to a life insurance policy? - Correct Answer...

james bought a life insurance policy 18 months ago. If he commits suicide today, what, if anything, would the insurer be obligated to pay the beneficiary? -the full death benefit -the death benefit minus premiums paid -refund of the premiums paid -nothing - ANSWER If you commit suicide within 2 years after purchasing a life insurance policy, the insurer is obligated to only refund the premiums paid to your beneficiary. in some states, employers can buy group life insurance for their emp...