Life accident insurance - Study guides, Class notes & Summaries

Arizona Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Which statement concerning the Entire Contact provision in an individual accident and health insurance policy is TRUE? Answer: The agent doesn't have the authority to change the policy or waive its provisions Q: Under the Fair Credit Reporting Act, which statement is true? Answer: The consumer who was investigated must be advised that credit, insurance...

Texas General Lines - Life, Accident & Health Insurance Exam Questions & Revised Correct Answers With Explanation Latest Update | Already Passed!! 1) Sandra Timms, age 27, is advised by her producer to purchase Life insurance to cover a 20-year-amortized $50,000 business-improvement loan. Which of the following plans would adequately protect Ms. Timms at the minimum premium outlay? A- $50,000 Whole Life policy B- $50,000 Level Term policy for 20 years C- $50,000 20 Pay Life po...

CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. Any situation that presents the possibility of a loss is known as a loss exposure Which of the following information is not required to be communicated in a Life insurance contract? Personal ...

An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? - correct answer Inflation protection Which of these riders will pay a death benefit if the insured's spouse dies? - correct answer Family term insurance rider Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - correct answer Nonconcellable What is the required action to be taken by a South Carolina l...

California Life, Accident, And Health Insurance Final Exam Questions With Correct Answers The systematic liquidation of a sum of money is provided by a(n) annuity An annuitant would like to determine the current value of her annuity. To do this, she multiplies the number of "accumulation units" she owns times the unit value of the "separate account". What kind of annuity BEST matches this description? Variable annuity What kind of annuity pays income to two annuitants until their deaths...

RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Question 1 22 marks 1.1 In a management meeting, it was decided that the company needs to establish the risk management function. However, there were different views about the main objective of risk management. Choose the correct view about the responsibility of risk management. (2) a. The c...

CA PSI Site - Life, Accident And Health Agent Examination (Life Agent) Questions With 100% Correct Answers An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorized to transact insurance in California because of failing to comply with California requirements or did not seek admission Admitted Insurance Company vs. Non-Admit...

FLORIDA 2-15 INSURANCE LICENSE EXAM ACTUAL UPDATE WITH LATEST ONLINE WRITTEN EXAM QUESTIONS AND ANSWERS NEW UPDATE Accumulation units are converted into annuity units: A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. If a disabled worker covered under Social Security disability benefits recovers and then is disabled again within five years, a new waiting period is required before benefits begin again. Robert had an accid...

ARIZONA LIFE AND HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS When the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to do? - correct answer Give notice, explain, and allow opting out Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after - correct answer 9:00 PM A health plan offered by private insurance companies is - correct answer Medicare Supplement Chris has a single major medical contract which c...

California Life, Accident, and Health Insurance Final Exam Questions and Answers (2022/2023) (Verified Answers)