Arizona Life and Health Insurance Bundled Exams Questions and Answers Rated A

FINAL EXAM - ARIZONA LIFE AND HEALTH QUESTIONS AND ANSWERS GRADED A Which of these is true regarding the exchange of consideration among parties involved in an insurance contract? Can be unequal The premiums paid by an employer for his employee's group life insurance are usually considered to be?...

Arizona Health Insurance Exam Questions and Answers 100% Pass Insurance a contract in which one party (the insurance company) agrees to "make whole" the insured party against loss, damage or liability arising from an unlikely event In ___________ insurance, the policy protects survivors from loss...

Arizona Life Insurance Exam Questions and Answers Already Passed a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the f...

Arizona Life and Health Insurance Questions and Answers Rated A Any administrative action taken against a producer MUST be reported to the director within ___ days after the final disposition. 30 How many days notice does the Affordable Care Act require insurers to give before rescinding coverage?...

XCEL Arizona Life and Health Insurance State Exam Questions and Answers Graded A Under a long-term care inflation rider, the benefit levels periodically increase without proof of insurability In order for a health plan to be an "accountable health plan", who has to approve it? the director Medic...

Arizona Life Insurance Exam - Life Insurance Basics Questions and Answers Graded A Beneficiary A person who receives the benefits of an insurance policy Death Benefit The amount paid upon the death of the insured in a life insurance policy Cash Value Equity amount accumulated in permanent life ins...

Insurance Exam AZ #1333 Latest Update Rated A An insurer must keep advertising materials and records for at least how many years? 3 The insurance coverage in a variable life insurance policy may vary based on the value of the underlying investments When is it acceptable to charge or receive a fee ...

Arizona Life Insurance Exam - Insurance Regulations Latest 2024 Graded A Cease and Desist To stop or discontinue Coercion Forceful act or threat aimed to influence a person to act against his or her will Commission Payment to the agent by the insurance company for placing insurance, usually a perc...

Arizona Life Insurance Exam - General Insurance Questions and Answers Already Passed Agent/Producer Legal representative of an insurance company (classification of producer usually includes agents and brokers, agents are the agents of the insurer) Applicant (proposed insured) Person applying for in...

AZ Insurance Exam Prep Latest 2024 100% Pass Absolute Liability Liability that arises from an extremely dangerous situation. Absolute liability is often found in cases involving explosives. AKA "Strict" liability. For example: You are absolutely liable if you keep a wild animal as a pet. Acciden...