3 - LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
1 view 0 purchase
Course
LAWS AND RULES PERTINENT TO INSURANCE
Institution
LAWS AND RULES PERTINENT TO INSURANCE
3 - LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
Which of the following is CORRECT about the replacement rule?
A) The replacement rule applies only to health insurance policies.
B) The agent has 90 days from the effective date to deliver a buyer's gu...
Which of the following is CORRECT about the replacement rule?
A) The replacement rule applies only to health insurance policies.
B) The agent has 90 days from the effective date to deliver a buyer's guide.
C) Instructions regarding the rule are available from appointed life insurers.
D) Up to 30 days is allowed for a full refund of premium.
C) Instructions regarding the rule are available from appointed life insurers.
The replacement rule sets forth the requirements and procedures to be followed by insurance
companies and agents when replacing existing insurance contracts with new ones.
Florida insurance law requires that coverage be provided for a newborn baby from a covered family
member for a period of?
A) 1 month.
B) 6 months.
C) 12 months.
D) 18 months.
, D) 18 months.
Florida law requires coverage be provided for a newborn from a covered family member for 18 months.
An insurance company that is organized or chartered in a country other than the United States is
defined as?
A) foreign.
B) alien.
C) domestic.
D) external.
B) alien.
An alien company is one that is chartered and organized in any country other than the United States.
In Florida, coverage for a child who is dependent on the parents for support due to physical handicap
may be continued beyond the contractual limiting age when which of the following is correct?
A) The child is an inpatient in a healthcare facility.
B) The child becomes a full time student.
C) The child is capable of obtaining coverage on her own.
D) The child is incapable of self sustaining employment.
D) The child is incapable of self sustaining employment.
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 NurseAdvocate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
