Tennessee life - Study guides, Class notes & Summaries

Final Exam- Tennessee Life & Health Questions and Answers 100% Pass The reason for a business having a Business Overhead Expense Disability Plan is to cover: - Answer Fixed Business Expenses What is the initial requirement for an insured to become eligible for benefits under the Waiver of Premium provision? -Answer Insured must be under a physician's care K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the a...

C. 30 - Answer The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. Business entity - Answer A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker B. 18 - Answer An indivi...

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 Exam Study Guide Rated A+ The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. 30 A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker C. Business...

Insurance policies are offered on a "take it or leave it" basis, which make them a. Conditional Contracts b. Aleatory Contracts c. Unilateral Contracts d. Contracts of Adhesion - Answer d. Contracts of Adhesion All of these statements about Equity Indexed Life Insurance are correct EXCEPT a. Cash value has a minimum rate of accumulation b. If the gain on the index goes beyond the policy's minimum rate of return, the cash value will mirror that of the index c. The premiums can ...

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...

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...

Tennessee Life Insurance Exam Answered Correctly!!

TENNESSEE LIFE & HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS Fixed Business Expenses - correct answer The reason for a business having a Business Overhead Expense Disability Plan is to cover: Insured must be under a physician's care - correct answer What is the initial requirement for an insured to become eligible for benefits under the Waiver of Premium provision? Conditional - correct answer K applies for a life insurance policy on herself and submits the initial premium with the ap...