Renewability - Study guides, Class notes & Summaries

The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - cancelable The renewability provision in a cancelable policy allows the insurer to cancel or terminate the policy at any time, si...

The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - Answer-insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - Answer-cancelable The renewability provision in a cancelable policy allows the insurer to cancel or terminate the policy at...

What must the policy summary in a life insurance policy include?1. conditional receipt and the insurer's home office address2. reserve deposits.3. the name and address of the insurance agent or broker4. definition of replacement. the name and address of the insurance agent or broker Which of the following statements is CORRECT about Medicare Supplement Insurance?1. An agent must provide an outline of coverage to an insured at the time of policy delivery.2. If an applicant has an existing ...

XCEL TESTING SOLUTIONS- LIFE AND HEALTH INSURANCE- WEIGHTED EXAM- [150 ]QUESTIONS AND ANSWERS The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - cancelable The renewability ...

Xcel Solutions Final Exam (2024/ 2025) Questions and Verified Answers| 100% Correct| Grade A Q: Which type of plan normally includes hospice benefits Answer: Managed care plans Q: Non-occupational disability coverage is designed for Answer: Employees who suffer non work related disabilities, since work related disabilities are covered by workers compensation Q: A policy of adhesion can only be modified by whom Answer: The insurance company Q: G is an acc...

What are the 2 types of Flexible Spending Accounts? o :## Health care accounts and Dependent care accounts Concerning a Whole Life Policy, which of the following statements is correct? o :## Cash value is guaranteed According to the rights of renewability rider for cancellable policies, all of the following are correct about the cancellation of an individual insurance policy EXCEPT o :## Unearned premiums are retained by the insurance company In a replacement situation, all of the follow...

K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? - Answer-Daughter When is a Group Health policy required to provide coverage for a newborn child? - Answer-At the moment of birth What is the required renewability status of all Medicare supplement policies? - Answer-Guaranteed renewable Who ...

Dram Shop Liability refers to: Answer - Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? Answer - Neglect. To be eligible for the New York assigned risk auto plan a person must: Answer - Hold a valid driver's license. Any insurance adjuster whose license has been revoked for cau...

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 QuestionsThe Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - correct answer insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - correct answer cancelable The renewa...

XCEL SOLUTIONS - FINAL EXAM 100% Correct K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? Daughter When is a Group Health policy required to provide coverage for a newborn child? At the moment of birth What is the required renewability status of all Medicare supplement policies? Guarante...