What is the timeframe for filling relevant suspicious activity reports
-:- 30 days of initial discovery
in the underwriting process, it was discovered that the applicant for life insurance is in poor
health & has same dangerous habits which of the following is true concerning the policy
prem...
which of the following includes information regarding a persons credit, character,
reputation, and habits?
✓ -:- CONSUMER REPORT
All of the following are requirements for a life insurance, illustrations except
✓ -:- They must be part of the contract
why should the producers personally deliver the policy when the first premium has already
been paid?
✓ -:- It is the producers responsibility to make sure that the policy is UNDERSTOOD
by the Insured & all their QUESTIONS are SATISFIED,& the DELIVERY RECEIPT
SIGNED.
The insurer discovered that one of the applicants for life insurance missed a couple of
questions on the application. What must the insurer do with the application?
✓ -:- Return to the applicant for completion
which of the following is NOT the consideration in a policy?
✓ -:- The application given to a Prospective Insured
3|Page | Grade A+| 2024/2025
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