Nevada life insurance - Study guides, Class notes & Summaries

During replacement of life insurance, a replacing insurer must do which of the following? A Send a copy of the Notice Regarding Replacement to the Department of Insurance B Obtain a list of all life insurance policies that will be replaced C Guarantee a replacement for each existing policy D Designate a new producer for a replaced policyAnswer - B Which of the following documents must be provided to the policyowner or applicant during policy replacement? A Buyer's Guide and Policy ...

Which rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insurance? A Disclosure rule B Replacement rule C Reinstatement rule D Conversion rule - B When a viator sells a life insurance policy, A Collateral assignment is given to the insurance company. B Absolute assignment is given to the viatical settlement company. C Collateral assignment is given to the viatical settlement company. D Absolute assignment is given to the...

Nevada Life Insurance 2024 Exam Questions With 100% Correct!!

nevada life insurance exam questions and answers 100% correct During replacement of life insurance, a replacing insurer must do which of the following? A Send a copy of the Notice Regarding Replacement to the Department of Insurance B Obtain a list of all life insurance policies that will be replaced C Guarantee a replacement for each existing policy D Designate a new producer for a replaced policy - Answer- B Which of the following documents must be provided to the policyowner or applic...

Nevada Life Insurance Exam with 100% Correct Answers | Latest Update

XCEL NEVADA LIFE INSURANCE FINAL EXAM QUESTIONS AND DETAILED CORRECT ANSWERS (VERIFIED ANSWERS) |A+ GRADE

nevada life insurance exam questions and answers 100% correct During replacement of life insurance, a replacing insurer must do which of the following? A Send a copy of the Notice Regarding Replacement to the Department of Insurance B Obtain a list of all life insurance policies that will be replaced C Guarantee a replacement for each existing policy D Designate a new producer for a replaced policy - Answer- B Which of the following documents must be provided to the policyowner or applic...

During replacement of life insurance, a replacing insurer must do which of the following? A Send a copy of the Notice Regarding Replacement to the Department of Insurance B Obtain a list of all life insurance policies that will be replaced C Guarantee a replacement for each existing policy D Designate a new producer for a replaced policy - B Which of the following documents must be provided to the policyowner or applicant during policy replacement? A Buyer's Guide and Policy Summary...

Nevada Life Insurance 2024 Exam Questions With 100% Correct!!