1 Exam (elaborations) Missouri Laws and Rules Prep Exam Questions Well Answered Rated A+ 2024. 2 Exam (elaborations) Missouri Life Insurance Training Exam Questions With Solved Solutions 2024. 3 Exam (elaborations) MISSOURI LIFE & HEALTH INSURANCE REVISION EXAM AND ANSWERS GRADED A+ 2024. 4 Exam...
[Montrer plus]
Under Missouri law, when one group health plan's contract replaces a plan of similar benefits of another group health plan, - Answer the succeeding carrier is not required to give credit for the satisfaction of any deductibles or waiting periods satisfied or partially satisfied under the prior c...
Aperçu 2 sur 5 pages
Ajouter au panierUnder Missouri law, when one group health plan's contract replaces a plan of similar benefits of another group health plan, - Answer the succeeding carrier is not required to give credit for the satisfaction of any deductibles or waiting periods satisfied or partially satisfied under the prior c...
Who maintains responsibility for claims made in an advertisement on behalf of an insurance company? a-The writer b-the insurer c-the producer d-the Department of Insurance - Answer the insurer Which of the following is true regarding coverage for diabetes in Group health insurance policy...
Aperçu 2 sur 9 pages
Ajouter au panierWho maintains responsibility for claims made in an advertisement on behalf of an insurance company? a-The writer b-the insurer c-the producer d-the Department of Insurance - Answer the insurer Which of the following is true regarding coverage for diabetes in Group health insurance policy...
Convincing a prospective insured to buy an insurance policy based on exaggerations is called - Answer Misrepresentation A nondisabled individual is first eligible for a Medicare Supplement policy at age - Answer 65 In a qualified retirement plan, the yearly contributions to an employee...
Aperçu 3 sur 30 pages
Ajouter au panierConvincing a prospective insured to buy an insurance policy based on exaggerations is called - Answer Misrepresentation A nondisabled individual is first eligible for a Medicare Supplement policy at age - Answer 65 In a qualified retirement plan, the yearly contributions to an employee...
National Association of Insurance Commissioners (NAIC) - Answer writes rules and statutes for legeslature Director of the Department of Insurance is appointed by - Answer Governor, with the advice and consent of the senate. The Director can only be involved with an insurance company as...
Aperçu 3 sur 19 pages
Ajouter au panierNational Association of Insurance Commissioners (NAIC) - Answer writes rules and statutes for legeslature Director of the Department of Insurance is appointed by - Answer Governor, with the advice and consent of the senate. The Director can only be involved with an insurance company as...
1x vendu
Risk - Answer The chance or uncertainty of loss. Exposure - Answer A condition or situation that presents a possibility of loss. Ways to manage risk - Answer Avoid Risk control risk retain a risk transfer a risk control risk - Answer techniques that limit loss severity come u...
Aperçu 3 sur 22 pages
Ajouter au panierRisk - Answer The chance or uncertainty of loss. Exposure - Answer A condition or situation that presents a possibility of loss. Ways to manage risk - Answer Avoid Risk control risk retain a risk transfer a risk control risk - Answer techniques that limit loss severity come u...
401(k) Plan - Answer A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment - Answer Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collate...
Aperçu 2 sur 13 pages
Ajouter au panier401(k) Plan - Answer A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment - Answer Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collate...
Term life - Answer Insurance provides pure death protection since it only pays a death benefit if the insured dies during the policy term. Term life insurance does not accrue cash value Whole life - Answer Insurance provides death benefits for the entire life of the insured. It also provide...
Aperçu 2 sur 6 pages
Ajouter au panierTerm life - Answer Insurance provides pure death protection since it only pays a death benefit if the insured dies during the policy term. Term life insurance does not accrue cash value Whole life - Answer Insurance provides death benefits for the entire life of the insured. It also provide...
When an employer terminate coverage under a group policy, how long is that coverage in force? - Answer 31 Days. The employee has 31 days under the conversion privilege to convert to an individual policy. When talking about parties to a contract, what makes a person legally competent. - Answer ...
Aperçu 4 sur 41 pages
Ajouter au panierWhen an employer terminate coverage under a group policy, how long is that coverage in force? - Answer 31 Days. The employee has 31 days under the conversion privilege to convert to an individual policy. When talking about parties to a contract, what makes a person legally competent. - Answer ...
Misrepresentation -Answer An applicant inaccurately representing information on the application is guilty of: Establish and enforce sound underwriting practices -Answer To address adverse selection what can an insurer legally do If an individual is denied coverage, they can request copy ...
Aperçu 2 sur 5 pages
Ajouter au panierMisrepresentation -Answer An applicant inaccurately representing information on the application is guilty of: Establish and enforce sound underwriting practices -Answer To address adverse selection what can an insurer legally do If an individual is denied coverage, they can request copy ...
Insurance transaction includes: - Answer By mail or other means: - Solicitation - Negotiation - Sale - Advising an individual about coverage Elements of a legal contract - Answer -Agreement (offer and acceptance) - Consideration - Competent parties - Legal purpose - Negotiation ...
Aperçu 4 sur 37 pages
Ajouter au panierInsurance transaction includes: - Answer By mail or other means: - Solicitation - Negotiation - Sale - Advising an individual about coverage Elements of a legal contract - Answer -Agreement (offer and acceptance) - Consideration - Competent parties - Legal purpose - Negotiation ...
J's Major Medical policy has a $2000 deductible and an 80/20 coinsurance clause. If J is hospitalized and receives a bill for $10,000, j would pay - Answer 3,600 (2k + 20% of thr remaining bill) Life insurance that covers an insured's whole life with level premiums paid over a limited time i...
Aperçu 3 sur 25 pages
Ajouter au panierJ's Major Medical policy has a $2000 deductible and an 80/20 coinsurance clause. If J is hospitalized and receives a bill for $10,000, j would pay - Answer 3,600 (2k + 20% of thr remaining bill) Life insurance that covers an insured's whole life with level premiums paid over a limited time i...
Whose interest is being protected by the enactment of " The Replacement of Life Insurance and Annuities" regulation? - Answer policyowner Q applied for life insurance and submitted the initial premium on January 1. The policy was issued February 1, but it was not delivered by the agent until...
Aperçu 3 sur 23 pages
Ajouter au panierWhose interest is being protected by the enactment of " The Replacement of Life Insurance and Annuities" regulation? - Answer policyowner Q applied for life insurance and submitted the initial premium on January 1. The policy was issued February 1, but it was not delivered by the agent until...
Insurance policies are considered aleatory contracts because: 1)they are take it or leave it contracts 2)both parties consent to the contract 3)performance is conditioned upon a future occurence 4)the contract is voidable upon proof of fraud - Answer Performance is conditioned upon a future o...
Aperçu 2 sur 13 pages
Ajouter au panierInsurance policies are considered aleatory contracts because: 1)they are take it or leave it contracts 2)both parties consent to the contract 3)performance is conditioned upon a future occurence 4)the contract is voidable upon proof of fraud - Answer Performance is conditioned upon a future o...
In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review pr...
Aperçu 4 sur 48 pages
Ajouter au panierIn a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review pr...
Refers to the location, or jurisdiction, where an insurer is formed or incorporated. - Answer Domicile Which of the following is an insurance company that is organized under the laws of another state within the United States? - Answer Foreign The USA Patriot Act was passed as a result o...
Aperçu 2 sur 8 pages
Ajouter au panierRefers to the location, or jurisdiction, where an insurer is formed or incorporated. - Answer Domicile Which of the following is an insurance company that is organized under the laws of another state within the United States? - Answer Foreign The USA Patriot Act was passed as a result o...
A health insurance policy application may ONLY be altered with the written consent of the - Answer Applicant All of these statements concerning a licensee's responsibility for premiums received are true EXCEPT - Answer The licensee shall hold them in a fiduciary capacity before transmittin...
Aperçu 3 sur 19 pages
Ajouter au panierA health insurance policy application may ONLY be altered with the written consent of the - Answer Applicant All of these statements concerning a licensee's responsibility for premiums received are true EXCEPT - Answer The licensee shall hold them in a fiduciary capacity before transmittin...
For coverage of low protein modified food products for treatment of PKU or any inherited disease of amino and organic acids, a health plan may require a reasonable copayment or coinsurance, not to exceed - Answer 50% of the cost of the formula or food products Which of the following is a requi...
Aperçu 2 sur 5 pages
Ajouter au panierFor coverage of low protein modified food products for treatment of PKU or any inherited disease of amino and organic acids, a health plan may require a reasonable copayment or coinsurance, not to exceed - Answer 50% of the cost of the formula or food products Which of the following is a requi...
Tenants in Common - Passed to surviving heirs - Answer Tenants do not have right of survivor ship. If a tenant dies, ownership is passed to the surviving heirs. Joint Tenancy - Right of Survivorship - Answer A form of concurrent ownership, which occurs when two or more persons own a single...
Aperçu 2 sur 12 pages
Ajouter au panierTenants in Common - Passed to surviving heirs - Answer Tenants do not have right of survivor ship. If a tenant dies, ownership is passed to the surviving heirs. Joint Tenancy - Right of Survivorship - Answer A form of concurrent ownership, which occurs when two or more persons own a single...
Consideration - Answer something of value that each party gives to the other Warranty - Answer absolutely true statement upon which the validity of the policy rests Representation - Answer statements believed to be true to the best of one's knowledge but not guaranteed to be true. mi...
Aperçu 2 sur 6 pages
Ajouter au panierConsideration - Answer something of value that each party gives to the other Warranty - Answer absolutely true statement upon which the validity of the policy rests Representation - Answer statements believed to be true to the best of one's knowledge but not guaranteed to be true. mi...
Adverse Selection - Answer insuring of risks that are more prone to losses than the average risk agent/producer - Answer legal representative of insurance company producer - Answer includes agents and brokers agent - Answer agent of the insurer applicant - Answer a person ...
Aperçu 3 sur 17 pages
Ajouter au panierAdverse Selection - Answer insuring of risks that are more prone to losses than the average risk agent/producer - Answer legal representative of insurance company producer - Answer includes agents and brokers agent - Answer agent of the insurer applicant - Answer a person ...
Applicant - Answer The person making application for insurance coverage. Assignment - Answer Specifies that the insured may not transfer rights of ownership or interest in an insurance policy to another party without the insurer's written consent. Mutual Insurance Company - Answer Ow...
Aperçu 2 sur 13 pages
Ajouter au panierApplicant - Answer The person making application for insurance coverage. Assignment - Answer Specifies that the insured may not transfer rights of ownership or interest in an insurance policy to another party without the insurer's written consent. Mutual Insurance Company - Answer Ow...
Which of the following provisions is NOT mandatory for health insurance policies in this state? - Answer Unpaid premiums In individual health insurance coverage, the insurer must cover a newborn from the moment of birth, and if additional premium payment is required, how many days should be al...
Aperçu 1 sur 3 pages
Ajouter au panierWhich of the following provisions is NOT mandatory for health insurance policies in this state? - Answer Unpaid premiums In individual health insurance coverage, the insurer must cover a newborn from the moment of birth, and if additional premium payment is required, how many days should be al...
Credit Life Insurance - Answer Written in connection with loans and credit transactions Graded Death Benefits - Answer Dows not pay full face amount of insurance at the insured's death until after a specific period has passed, usually 2-3 years. Universal Life Insurance - Answer Feat...
Aperçu 1 sur 4 pages
Ajouter au panierCredit Life Insurance - Answer Written in connection with loans and credit transactions Graded Death Benefits - Answer Dows not pay full face amount of insurance at the insured's death until after a specific period has passed, usually 2-3 years. Universal Life Insurance - Answer Feat...
Capital Sum - Answer the sum that is paid upon the loss of 1 limb or sight in 1 eye What are the main activities of daily living(ADL)? - Answer bathing, continence, dressing, eating, toileting, and transferring Hospital income and indemnity - Answer a type of health insurance policy t...
Aperçu 3 sur 24 pages
Ajouter au panierCapital Sum - Answer the sum that is paid upon the loss of 1 limb or sight in 1 eye What are the main activities of daily living(ADL)? - Answer bathing, continence, dressing, eating, toileting, and transferring Hospital income and indemnity - Answer a type of health insurance policy t...
Which of the following personal auto coverages would pay for the insured's travel expenses and loss of earnings while involved in the settlement process of a covered loss? - Answer Liability coverage What are the two types of compensatory damages? - Answer Special and general Which part...
Aperçu 2 sur 7 pages
Ajouter au panierWhich of the following personal auto coverages would pay for the insured's travel expenses and loss of earnings while involved in the settlement process of a covered loss? - Answer Liability coverage What are the two types of compensatory damages? - Answer Special and general Which part...
Defamation occurs when a producer makes a false statement intended to - Answer malign another user an applicant for a nonresident producer license must: - Answer be a producer in good standing in their home state Life insurance and annuity replacement can be BEST described as - Answer Ex...
Aperçu 2 sur 10 pages
Ajouter au panierDefamation occurs when a producer makes a false statement intended to - Answer malign another user an applicant for a nonresident producer license must: - Answer be a producer in good standing in their home state Life insurance and annuity replacement can be BEST described as - Answer Ex...
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur TestSolver9. Stuvia facilite les paiements au vendeur.
Non, vous n'achetez ce résumé que pour $28.99. Vous n'êtes lié à rien après votre achat.
4.6 étoiles sur Google & Trustpilot (+1000 avis)
62890 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 14 ans
