Probationary period - Study guides, Class notes & Summaries

which of the following would NOT be considered limited coverage policy? a. accident-only insurance b. travel policy c. major medical expense insurance d. special risk policy correct answer: c. major medical exoense insurance limited policies cover only expense incurred from specific diseases, or specific causes which of the following is NOT mandatory under the uniform provision law as applied to accident and health policies? a. physical examination and autopsy b. entire contract c....

How long after being entitled to disability benefits will an individual be eligible to receive Medicare benefits? 2 years What is the return of premium rider? an increasing amount of term insurance that always equals the total of premiums paid up to the current point In a home healthcare benefit, all of the following are eligible expenses EXCEPT blood transfusions All of the following are classifications of risk EXCEPT non-nicotine Which of the following is exempted from the incontestab...

Wisconsin Driver’s License Just Drive Final Exam Already Passed If you are under the age of 18, what must you do to obtain a Wisconsin Class D driver license? Successfully complete an approved driver education course Have an adult sponsor certify their sponsorship on your application How much time do you have to apply for a Wisconsin driver license after becoming a resident of Wisconsin? 60 days What is a qualification necessary for a Probationary license? Pass a driving skills ...

Which type of insurance protects an agent and even pays claims if a lawsuit is brought against the agent as a result of failing to provide a service to a client? - Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - Waiver This Supreme Court case placed the regulation of insurance within the authority of the federal government by defining insurance as a form of interstate commerce? - United States v. Southeast...

Massachusetts Health & Accident Insurance Exam Latest Version Graded A+ Hazard Situation that increases chance of loss Annuity Policy issued by an insurance company to promise you an income that can last you a lifetime Insurer An insurance company Insured A person or business covered by an insurance policy Health Insurance Broad field of insurance plans that provide protection against financial consequences of illness, accidents, injury, and disability - Paid on a year-to-y...

NJ Permit Test Study Guide latest update (verified) I. The New Jersey Driver License System A. Laws Governing Driver Licenses 1. A motorist who operates a motor vehicle in the state of New Jersey must carry a valid driver's license, a valid probationary license or a validated New Jersey permit. The motors must also carry valid insurance and vehicle registration cards. 2. A motorist with a validated New Jersey driver permit must be accompanied by an appropriately licensed driver. ...

Wisconsin Drivers Ed Final Exam with Complete Solutions Who is allowed to operate a motor vehicle in Wisconsin if the vehicle they are operating does not have liability insurance in effect? No one How much time do you have to apply for a Wisconsin driver license after becoming a resident of Wisconsin? 60 days When are points doubled if you have your Probationary license? Starting with the second and subsequent traffic violations you are convicted of. Which statement(s) about th...

Entire Contract Provision - ANSWER found at the beginning of the policy, saying that the policy cannot refer to any outside documents as being part of the contract and prohibiting the insurer from making any changes to the policy after it has been issued. (can only make good changes not bad) Insuring Clause - ANSWER sets forth the company's basic promise to pay benefits upon the insured's death. Free-Look Provision - ANSWER gives policyowners the right to return the policy for a full pre...

Life & Health License Test Texas Exam FX, Questions & Answers. 100% Accurate. What is the main purpose of the Seven-pay Test? - -It determines if the insurance policy is an MEC. Which of the following insurance arrangements will be appropriate for a parent buying a life insurance policy on a child where the parent is the policyowner? - -Third-party ownership Which of the following best defines the "owner" as it pertains to life settlement contracts? - -The policyowner of the life in...

CA Life Insurance Practice Exam Questions and Answers 100% Pass A key person is typically all of the following, except: - Correct Answer ️️ --Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profitability of the company, especially in small businesses. They are typically: part of the management team, more highly paid, respected by customers, creditors, suppliers, and vendors, and have dire...