Tennessee life insurance - Study guides, Class notes & Summaries

Tennessee Life Insurance Exam Questions and Answers Graded A+ 2023 /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.

ABC Insurance Company has accepted a life insurance application which contains unanswered questions. The company then makes the application part of the life contract. In this situation, the insurer has - waived one of its legal rights The USA Patriot Act was enacted in: - 2001 The amount of coverage on a group credit life policy is limited to: - the insured's total loan value An architecture firm would stand to lose a lot of money in the event of the death of its project manager. Which ty...

Tennessee Life Insurance Exam questions and answers 100% guaranteed success. Accelerated Benefits - correct answers.Riders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits - correct answers.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 ans...

Accelerated Benefits -AnswerRiders attached to life insurance policies that allow deaths benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits -AnswerA 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 -AnswerAn insurance policy that provides payment if the insured' death is the result of an accident Accumulation period -AnswerTh...

Tennessee Life Insurance Exam Questions and Answers Graded A+ 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' d...

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 -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 coverage was recently fired. This employee's group coverage may be converted to a -A...

What is the purpose of the agent's report during the application process? - The agent's report discusses the agent's personal observations about the proposed insured that may help in the underwriting process. At what point does coverage begin when an agent issues a conditional receipt for a life insurance policy? - Either on the date of the application or the date of the medical exam (whichever occurs last) What is insurance underwriting? - The process of risk selection and classificatio...

In a Life insurance contract, an insurance company's promise to pay stated benefits is called the -AnswerInsuring Clause All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas -AnswerC An employee with $25,000 group term life coverage was recently fired. This employee's group coverage may be converted to a -Answer$25,000 individual whole life policy The amount of monthly disablility benefits payable ...

What is the purpose of the agent's report during the application process? - The agent's report discusses the agent's personal observations about the proposed insured that may help in the underwriting process. At what point does coverage begin when an agent issues a conditional receipt for a life insurance policy? - Either on the date of the application or the date of the medical exam (whichever occurs last) What is insurance underwriting? - The process of risk selection and classificatio...