100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
TEXAS INSURANCE LICENSE EXAM 3 LATEST VERSIONS (VERSION A, B AND C) ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!$32.49
Add to cart
TEXAS INSURANCE LICENSE EXAM 3 LATEST VERSIONS (VERSION A, B AND C) ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
6 views 0 purchase
Course
TEXAS INSURANCE LICENSE
Institution
TEXAS INSURANCE LICENSE
TEXAS INSURANCE LICENSE EXAM 3 LATEST VERSIONS (VERSION A, B AND C) ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!
TEXAS INSURANCE LICENSE EXAM 3 LATEST
VERSIONS (VERSION A, B AND C) 2024-2025 ACTUAL
EXAM COMPLETE 400 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
TEXAS INSURANCE LICENSE EXAM VERSION A
Which type of provider is known for stressing preventative
medical care and routine physical examinations? - ANSWER-
Health Maintenance Organizations (HMO's)
of continuing education MUST be completed in the classroom
or classroom equivalent. - ANSWER- 50%
A policy of adhesion can only be modified by whom? -
ANSWER- insurance company
Which statement is true regarding a minor beneficiary? -
ANSWER- Normally, a guardian is required to be appointed in
the Beneficiary clause of the contract
,2|Page
An underwriter determines that a life insurance applicant's risk
should be reclassified due to a health issue. This policy may be
issued with a(n). - ANSWER- extra premium
Which statement regarding the Change of Beneficiary provision
is true? - ANSWER- The policyowner can change the
beneficiary
The guarantee of insurability option provides a long-term care
policyowner the ability to: - ANSWER- buy additional coverage
at a later date
S wants to open a tax-exempt Health Savings Account. To
qualify for this type of account, Federal law dictates that S must
be enrolled in a: - ANSWER- High Deductible Health Plan
K buys a policy where the premium stays fixed for the first 5
years. The premium then increases in year 6 and stays level
thereafter, all the while the death benefit remains the same What
kind of policy is this? - ANSWER- Modified Whole Life
Which of the following is the reimbursement of benefits for the
treatment of a beneficiary's injuries caused by a third party? -
ANSWER- Subrogation
,3|Page
Which of the following provisions specifies how long a
policyowner's health coverage will remain in effect if the
policyowner does not pay the premium when it is due? -
ANSWER- grace period
C is a key employee at ABC Incorporated. If a Key Employee
life policy is purchased on her life, which of these statements
would be true? - ANSWER- ABC is the policyowner, C is the
insured, and ABC is the beneficiary
A Term Life rider offers the insured - ANSWER- additional life
coverage
Which of the following will a Long Term Care plan typically
provide benefits for? - ANSWER- home health care
P is looking to purchase a life insurance policy that will pay a
stated monthly income to his beneficiaries for 20 years after he
dies and a lump sum of $20,000 at the end of that 20 year
period. What type of policy should P purchase? - ANSWER-
Family Maintenance Policy
J was reviewing her Health Insurance policy and noticed the
phrase "This policy will only pay for a semi-private room". This
phrase is considered to be a(n) - ANSWER- internal limit
, 4|Page
All of the following statements about traditional individual
retirement accounts are false EXCEPT - ANSWER- 10%
penalty is applied to withdrawals before age 59 1/2
What action can a policyowner take if an application for a bank
loan requires collateral? - ANSWER- Assign policy ownership
to the bank
Which of the following actions may NOT be taken by an
insurance company to insure a substandard applicant for
disability income coverage? - ANSWER- Lengthen the
contestability period
A temporary agent's license issued by the Commissioner of
Insurance is valid for up to days. - ANSWER- 90
An insurer is NOT required to provide information on fraudulent
claims if requested by - ANSWER- an insured
To terminate an agent's appointment, an insurance company
must - ANSWER- send termination notice to the Texas
Department of Insurance
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller johnkabiru. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $32.49. You're not tied to anything after your purchase.
