Tennessee life insurance - Study guides, Class notes & Summaries

Tennessee Life Insurance Exam (2022/2023) Graded A+ Accelerated Benefits Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured' death is the result of an accident Accu...

Tennessee Life and Health Insurance Life Insurance Portion State Exam Simulator Exam Set Prepared Solution Questions And Revised Correct Answers PASSED!! In a Life insurance contract, an insurance company's promise to pay stated benefits is called the - ANSWER : Insuring Clause All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas - ANSWER : C An employee with $25,000 group term life coverag...

An insured purchased a Life Insurance policy. The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. The policy is a/an - Answer interest-sensitive whole life Which of the following is NOT true of life settlements? - Answer the seller must be terminally ill The paid-up addition option uses the dividend - Answer To purchase a smaller amount of the same type of insurance as the or...

Tennessee Life and Health Insurance Life Insurance Portion State Exam Simulator 100% Solved In a Life insurance contract, an insurance company's promise to pay stated benefits is called the Insuring Clause All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas C An employee with $25,000 group term life coverage was recently fired. This employee's group coverage may be converted to a $25,000 individual who...

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TENNESSEE LIFE AND HEALTH INSURANCE LIFE INSURANCE PORTION STATE EXAM QUESTIONS AND ANSWERS 2024

Accelerated Benefits -Answer Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits -Answer A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance -Answer An insurance policy that provides payment if the insured' death is the result of an accident Accumulation period -Answer T...

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Accelerated Benefits - ans Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits - ans A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance - ans An insurance policy that provides payment if the insured' death is the result of an accident Accumulation period ...