Arkansas life insurance - Study guides, Class notes & Summaries

Arkansas Life Insurance Exam Terms Latest Updated 2024/2025 Accelerated Benefits - Correct Answer Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits - Correct 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 - Correct Answer An insurance policy that provides ...

Arkansas Life Insurance Exam Questions and Answers 100% Pass Adverse Selection - Correct Answer ️️ -Insuring of risks that are more prone to losses than the average risk. Death Benefit - Correct Answer ️️ -The amount paid upon the death of the insured in a life insurance policy. Insurance Policy - Correct Answer ️️ -A contract between a policyowner/insured and an insurance company which agrees to pay the insured or the beneficiary for loss caused by specific events. Insured ...

Arkansas Life Insurance Training Correct questions & Answers!! Twisting - ANSWER Misrepresenting for the purpose of inducing or tending to induce

J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - Answer Twisting What is implied authority defined as? - Answer Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health would fall into what risk classification? - Answer Preferred Which of the following is cons...

ARKANSAS LIFE INSURANCE EXAM

Arkansas Life Insurance Exam with correct Answers

ARKANSAS LIFE INSURANCE 242 EXAM STUDY QUESTIONS WITH COMPLETE SOLUTIONS 100% VERIFIED J is a producer who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of? - Correct Answer Twisting What is implied authority defined as? - Correct Answer Authority that is not specifically given to an agent contract, but that an agent can reasonably assume to carry out his/her duties A person who is a nonsmoker, average weight, excellent health...

Arkansas Life Insurance Exam With 100% Correct Answers 2024

Arkansas Life Insurance Training Exam

Arkansas Life Insurance Study Guide 2024 Questions and Answers Adverse Selection - CORRECT ANSWER-Insuring of risks that are more prone to losses than the average risk. Death Benefit - CORRECT ANSWER-The amount paid upon the death of the insured in a life insurance policy. Insurance Policy - CORRECT ANSWER-A contract between a policyowner/insured and an insurance company which agrees to pay the insured or the beneficiary for loss caused by specific events. Insured - CORRECT ANSWER-P...