Kentucky Life & Health Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)

Kentucky Life Insurance State Exam Practice Questions with Certified Answers The premiums paid by an employer for his employee's group life insurance are usually considered to be Tax-deductible to the employer Which of these is NOT considered to be a cost connected with an individual's death? Bu...

Kentucky Life & Health Insurance Questions and Answers 100% Pass Life insurance underwriting would consider which of these factors as unimportant? Age of the applicant Weight of the applicant Marital status of the applicant Gender of the applicant Marital status of the applicant The inducement ...

Kentucky Life Insurance Exam Questions and Answers Rated A+ Elements of a Contract Competent parties, legal purpose, offer and acceptance, consideration Waiver Voluntary giving up of a known right or privilege, can be express or implied Estoppel A person is prohibited by virtue of his own past act...

Health Insurance Exam Kentucky Questions and Answers Rated A All of the following statements about non-cancellable policies are true EXCEPT A. A noncancellible police is also called a noncancellible and guaranteed renewable policy B. The only right to cancel the noncancellable policy is for nonpa...

XCEL Kentucky Life and Health Final Exam 100% Solved S filed a written Proof of Loss for a Disability Income claim on September 1. The insurance company did not respond to the claim. S can take legal action against the insurer beginning: November 1 What is the excise tax rate the IRS imposes on in...

Kentucky Life Insurance State Exam Practice with Certified Solutions The premiums paid by an employer for his employee's group life insurance are usually considered to be Tax-deductible to the employer Which of these is NOT considered to be a cost connected with an individual's death? Business e...

KY Life Insurance Exam Questions and Answers Graded A+ whether an insurable interest exists between the individuals if an applicant for a life insurance policy and person to be insured by the policy are two different people, the underwriter would be concerned about what pay a reduced death benefit ...

Kentucky Health & Life (Commonwealth Schools of Insurance - PT 4) [1-6] Latest Update with Verified Solutions What is the difference between the terms accident and sickness as used in insurance policies? - an accident occurs accidentally, - a sickness is an illness or disease is not the result of a...

Life Insurance Exam Kentucky Latest Update 100% Pass A. All the incidents of ownership in the policy belong to the donee. In an outright gift of life insurance to a charity A. All the incidents of ownership in the policy belong to the donee. B. The donor retains the right to name a new beneficiar...

Kentucky Health Insurance Exam Study Latest Update 100% Pass The full premium was submitted with the application for life insurance, and the policy was issued two weeks later as requested. When does the policy become effective? A. as of the application date B. As of the policy delivery date C. As...

KY Health Insurance Questions and Answers Already Passed Social security taxes are paid by employees with after tax dollars The premiums paid by a company for group health insurance for its employees are Tax deductible by the company and not considered taxable income to the employees Premiums for ...

Kentucky Health Insurance License (Mostly Complete) Questions and Answers 100% Solved Sean has renewed his health insurance policy with Ability Insurance every year for the past 3 years. At this renewal, Sean received an extra payment from his insurer as a reward for renewing his policy and to enco...

Health Insurance Kentucky Latest 2024 Already Passed Fair Credit Reporting Act Must advise people that reports and or medical reports on them are being requested When proof of loss has been furnished, periodic benefit payments must be made not less frequently than monthly Partial Disability Paymen...

Kentucky Insurance Pre-licensure Study Already Passed Pete recently purchased a whole life policy. How long does he have as a free-look period? 10 days When the commissioner holds an administrative hearing how many days notice must be given? 10 days An example of replacement is canceling a term li...