Insurance Exam AZ Latest Exam Questions And Already Passed Answers.
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Course
Arizona Life and Health Insurance
Institution
Arizona Life And Health Insurance
An insurer must keep advertising materials and records for at least how many years? - Answer 3
The insurance coverage in a variable life insurance policy may vary based on the value of - Answer the underlying investments
When is it acceptable to charge or receive a fee or service charge i...
Insurance Exam AZ Latest Exam
Questions And Already Passed Answers.
An insurer must keep advertising materials and records for at least how many years? - Answer 3
The insurance coverage in a variable life insurance policy may vary based on the value of - Answer the
underlying investments
When is it acceptable to charge or receive a fee or service charge in addition to the premium in
connection with the transaction of insurance? - Answer If the amount of the fee or service charge is
reasonably related to the cost of the service.
The dental specialty which deals with the replacement of missing teeth is called - Answer
Prosthodontics
Which of the following is NOT a valid reason for an insurer to contest a life insurance policy during the
policy's first two years of existence? - Answer Misstatement of age
Which of the following would most likely purchase an immediate annuity? - Answer Retiree having a
lump sum to invest.
A signed good health statement may be requested by a life producer at the time of - Answer Policy
delivery
Tim is covered by Policy A with a $4,000 limit and by Policy B with a $2,000 limit. Policy A is primary. If a
$6,000 loss is incurred, what will each policy pay? - Answer A: 4,000 B: 2,000
Which of the following is NOT a valid contract age? - Answer An annuity exchanged for a life insurance
policy.
, Tim is covered by an accident and health insurance policy that may not be changed in any way by the
insurer up to a stetted age, as long as the premiums are paid. What type of policy is this? - Answer
Noncancelable
An insurer will typically assess a back-end load on a deferred annuity that is cancelled during the early
contract years. What is the back-end load referred to as? - Answer Surrender charge
What is considered a valid reason for small corporations to insure the lives of its major stockholders? -
Answer Fund a buy-sell agreement
The insured's consideration given for a health insurance policy is - Answer the first premium payment
and the application
And since major medical health insurance policy contains an eligible expense provision which identifies
the types of healthcare services that are covered all of the following healthcare services are typically
covered except for - Answer experimental and investigative services
Mark is covered by a policy that issues the regular occupation (own-occ) definition of total disability. He
will be considered disabled if unable to - Answer perform the substantial and marital duties of his
regular occupation
Patrick purchased a long-term care policy. He has a health condition for which medical treatment was
recommended by a physician within 6 months prior to the policy's effective date. This condition is called
a(n) - Answer pre-existing condition
Newborn children are automatically covered under an existing family medical plan at the moment of
birth for a period of at least how many days? - Answer 31
How are benefit payments from individually-owned medical expense policies treated for tax purposes? -
Answer exempt from income taxes
Bryce purchased a disability income policy with a rider that guarantees him the option of purchasing
additional amounts of coverage at predetermined times without requiring to provide evidence of
insurability what kind of rider is this? - Answer guaranteed insurability rider
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