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Montana Insurance Laws + Rule Exam Questions With Correct Verified Answers A+ Graded $12.49   Add to cart

Exam (elaborations)

Montana Insurance Laws + Rule Exam Questions With Correct Verified Answers A+ Graded

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  • Course
  • MONTANA LAWS AND RULES
  • Institution
  • MONTANA LAWS AND RULES

Who would be most likely to apply to the commissioner for a nonresident license? - ANS Individual licensed in another state and who resides in that state What does a viatical settlement involve? - ANS The sale of a life insurance policy In Montana, the _________ reviews and approves the i...

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  • September 5, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MONTANA LAWS AND RULES
  • MONTANA LAWS AND RULES
avatar-seller
Studyclock
K
C
LO
YC
D
U
ST




Montana Insurance Laws + Rule
Exam Questions With Correct
Verified Answers A+ Graded

, Who would be most likely to apply to the commissioner for a
nonresident license? - ANS Individual licensed in another state and
who resides in that state

What does a viatical settlement involve? - ANS The sale of a life
insurance policy

In Montana, the _________ reviews and approves the insurance




K
continuing education courses. - ANS Comissioner




C
A _________ insurer is one domiciled in another state. - ANS
Foreign



LO
In Montana, health insurance companies must provide maternity
coverage - ANS The same as would be provided for any illness
YC
In Montana, which of the following is NOT required to be covered by
insurers? - ANS Anorexia

How does the Montana insurance commissioner attain this position? -
D

ANS An wlection
U


Any "reciprocal insurer" formed under federal tax laws must be
operated by a - ANS Attorney in fact
ST




In Montana, the minimum age for purchasing insurance is - ANS 15

A resident domestic insurer is one that is incorporated under the laws
of Montana with at least _______of its owners being Montana
residents. - ANS 50%

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