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Louisiana Life and Health Insurance Bundle Deal With Verified Papers

Louisiana Life and Health Insurance Bundle Deal With Verified Papers

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Final Exam - Louisiana Life and Health Complete Answers

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Final Exam - Louisiana Life and Health Complete Answers A beneficiary has just received a claim payment for a life insurance policy. Which of the following is TRUE regarding the federal income tax liability owed? ️No federal income tax is owed on life insurance proceeds A cease and desist ...

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Louisiana Life and Health Insurance Exam Verified Answers

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Louisiana Life and Health Insurance Exam Verified Answers A 55-year-old employee has worked part-time for his new employer for 3 months now, but has not been offered health insurance. What factor has limited the employee's eligibility? A. The total amount of time worked for the company B. A...

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Louisiana Life, Accident and Health Practice Exam Test Questions & Answers Complete Solutions

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Louisiana Life, Accident and Health Practice Exam Test Questions & Answers Complete Solutions ________ is the legal process used to stop someone from trying to get a right or privilege back that they have already waived. ️Estoppel ___________ are quite popular and allow employees to decrea...

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LA Life, Health & Accident Insurance Series 103 Practice Exam

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LA Life, Health & Accident Insurance Series 103 Practice Exam 1. What type of insurance should a company purchase if it wants to insure the life of its CEO? Key person insurance A basic vision care package includes all of the following EXCEPT Safety glasses. A consumer report used to determi...

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Louisiana Life and Health Insurance All Answers Correct

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Louisiana Life and Health Insurance All Answers Correct A couple receives a set amount of income from their annuity. When the wife dies, the husband no longer receives annuity payments. What type of annuity did the couple buy? ️Joint Life A health insurance company can refuse coverage solely...

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Xcel Testing Solutions-Louisiana Life and Health Exam Simulator - 200 Questions Graded A+

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Xcel Testing Solutions-Louisiana Life and Health Exam Simulator - 200 Questions Graded A+ A cease and desist order issued against a producer - Suspends the producer's certificate or broker's license - Prevents the producer from receiving commissions - Prohibits a specific practice listed in th...

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Louisiana Laws (Life/Health Insurance Exam) Verified Solutions

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Louisiana Laws (Life/Health Insurance Exam) Verified Solutions Commissioner of Insurance Who is responsible for making sure the provisions of the Louisiana Insurance Codes are enforced? 5 The Commissioner may conduct a financial examination of any insurance company as often as deemed appro...

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Xcel Final Study Louisiana Lha Insurance Verified Answers

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Xcel Final Study Louisiana Lha Insurance Verified Answers "Maximum benefits" refers to the ️upper limit of the total lifetime benefits the insurance company will pay A 10% excise tax is normally applied to an early withdrawal from an IRA. According to HIPAA, this tax will not be applied...

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Louisiana Insurance Study Guide

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Louisiana Insurance Study Guide A _____________ is appointed by the Commissioner as an assistant who may take over in the Commissioner's absence. ️Chief Deputy Commisioner A contract under which one party undertakes to pay another against a loss of a specified contingency or peril. ️Ins...

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LA Life Insurance Series 101 Verified Solutions

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LA Life Insurance Series 101 Verified Solutions _________ refers to the jurisdiction where an insurer was formed or incorporated. ️Domicile A ________ plan calls for the business to purchase Life Insurance policies on each of the business owners. ️Entity A Life insurance applicant wants ...

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LA Series 103 Exam Verified Solutions

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LA Series 103 Exam Verified Solutions ____ is NOT an element of a valid contract ️Countersignature ____ is NOT an element of a valid contract. ️Countersignature ____ life is designed to pay the balance of a loan if the insured dies before repayment of the loan ️Credit ______ life is ...

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Lesson 1 Louisiana Insurance Regulation Graded A

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Lesson 1 Louisiana Insurance Regulation Graded A _______________ is considered an act performed frequently enough to be considered a policy or practice of the company, not just an isolated act of an employee 14 examples are given: ️Unfair claims settlement practices (1) Issuing policies wi...

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Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions

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Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions A cease and desist order issued against a producer ️Prohibits a specific practice listed in the order A cease and desist order issued against a producer prohibits a specific practice listed in the order. A cla...

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Chapter Exam Louisiana Laws and Rules All Answers Correct

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Chapter Exam Louisiana Laws and Rules All Answers Correct ______ life is designed to pay the balance of a loan if the insured dies before repayment of the loan. ️Credit A beneficiary change can occur ️normally at any time during the policy term a business entity wishing to act as an insu...

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Laws and Rules Chapter Exam Complete Answers

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Laws and Rules Chapter Exam Complete Answers A common exclusion or limitation on a dental policy is Endodontics A life insurance policy sold in Louisiana can be contested by the insurer only during the first ______ years of the contract 2 A life insurance replacement transaction could result...

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Louisiana Laws and Rules All Answers Correct

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Louisiana Laws and Rules All Answers Correct ____ life is designed to pay the balance of a loan if the insured dies before repayment of the loan. ️Credit. A _____ sells, solicits, or negotiates insurance on behalf of insurance companies for compensation. ️producer A business entity wis...

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Chapter 19 Louisiana Laws and Rules

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Chapter 19 Louisiana Laws and Rules A business entity wishing to act as an insurance producer MUST ️Obtain a producer's license A cease and desist order ️Forbids a stated practice listed in the order A common exclusion or limitation on a dental policy is ️Endodontics A company that is...

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Louisiana Personal Lines Insurance Exam Already Graded A+

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Louisiana Personal Lines Insurance Exam Already Graded A+ 104. Coverage for loss by some perils under a building and personal property form is suspended if (Choose from the following options) 1. An uninsured peril causes a partial loss. 2. The insured building is vacant for over 60 days. 3...

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Health Ch. 8 LOUISIANA LAWS AND RULES

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Health Ch. 8 LOUISIANA LAWS AND RULES A licensee whose name or address changes must notify the Commissioner within 10 days 30 days 45 days 60 days ️30 days A Louisiana insurance producer solicits a life insurance policy. In the event of a controversy between the insured and the comp...

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Life & Health Insurance Louisiana

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Life & Health Insurance Louisiana A child's inclusion in a family health insurance policy begins ️at birth A group life policy terminates a class of participants. To qualify for an individual policy, an employee must do which of the following? ️Have been insured at least 5 years A heal...

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