Exam (elaborations)
Delaware Life Producer Exam (1)
- Module
- Capa Test Questions
- Institution
- Capa Test Questions
Delaware Life Producer Exam (1)
[Show more]
Seller
Follow
Content preview
Delaware Life Producer ExamA(n) _ may also perform the duties of a consultant. - ANS-producer
What is an example of a producer's implied authority? - ANS-Collecting premiums
The Commissioner may suspend or revoke a producer's license for - ANS-keeping
premiums owed to the insurer
An insurer is charged _ for submitting an application for a certificate of authority in
Delaware. - ANS-$700
In Delaware, an insurer is prohibited from - ANS-making a political contribution to any
candidate for the office of the Commissioner.
Which of the following is the reimbursement of benefits for the treatment of a
beneficiary's injuries caused by a third party? - ANS-Subrogation
The clause is an Accident and Health policy which defines the benefit amounts the
insurer will pay is called the - ANS-Insuring clause
Which of the following is NOT an example of a producer's breach of fiduciary duty? -
ANS-allowing premiums to be submitted electronically
Which health policy clause stipulates that an insurance company must attach a copy of
the application to the policy to ensure that it is part of the contract? - ANS-Entire
Contract
What percentage of employees must participate in a noncontributory group life
insurance plan? - ANS-100%
A licensee's business records must be maintained and made available for inspection by
the Commissioner for a period of - ANS-3 years
When an existing life insurance policy is being reissued with a reduction in cash value,
the producer must sign the - ANS-Notice Regarding Replacement of Life Insurance or
Annuity
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 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 modockochieng06. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78140 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now