Exam (elaborations)
MISSISSIPPI INSURANCE LICENSING EXAM QUESTIONS AND ANSWERS
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MISSISSIPPI INSURANCE LICENSING EXAM QUESTIONS AND ANSWERS
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1-39 of 39When the commissioner determines that a licensee has violated the regulations of the
Mississippi insurance Code, the commissioners first response is likely to be
(a) issue a cease and desist order
(b) issue an arrest warrant
(c) revocation of that license
(d) issue a restraining order
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, (a) issue a cease and desist order
which of the following types of risk will result in the highest premium?
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substandard risk
what is the benefit of choosing an extended term as a non-forfeiture option?
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it has the highest amount of insurance protection
the validity of coverage under a live insurance policy may not be contested except
for nonpayment of premium, after the policy has been enforced for at least how many
years?
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two years
Insurance policies are not drawn up through negotiations, and an insured has little to
say about its provisions. What contract characteristics does this describe?
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