1 Exam (elaborations) Illinois Law Supplement Practice Exam Questions And 100% Correct Answers. 2 Exam (elaborations) Illinois Life Producer State - Designated Exam SIMULATOR Questions And All Correct Answers. 3 Exam (elaborations) Illinois Insurance Law Latest Exam Questions And All Correct Answ...
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Risk type expenses - Answer cannot be planned and is unintended Purpose of health insurance is - Answer to protect a insured against the risk of financial loss he/she cannot individually afford caused by illness, injury, or diability Indeminity - Answer Reimbursement Coordination o...
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Add to cartRisk type expenses - Answer cannot be planned and is unintended Purpose of health insurance is - Answer to protect a insured against the risk of financial loss he/she cannot individually afford caused by illness, injury, or diability Indeminity - Answer Reimbursement Coordination o...
Consumer reports requested by an underwriter during the application process of a life insurance policy can be used to determine - Answer probability of making timely premium payments The purpose of these reports is to provide a picture of an applicant's general character and reputation, mode ...
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Add to cartConsumer reports requested by an underwriter during the application process of a life insurance policy can be used to determine - Answer probability of making timely premium payments The purpose of these reports is to provide a picture of an applicant's general character and reputation, mode ...
Accelerated Benefits - Answer Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental death benefits - Answer a policy rider that states that the cause of death will be analyzed to determine if it complies wit...
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Add to cartAccelerated Benefits - Answer Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental death benefits - Answer a policy rider that states that the cause of death will be analyzed to determine if it complies wit...
Pooling of Risks - Answer A large group of people contribute money to a fund out of which their losses can be paid Policyowner - Answer is the person or org that applies for the policy and pays the premium Actuarial Tables - Answer Are statistical tables that are used when calculating...
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Add to cartPooling of Risks - Answer A large group of people contribute money to a fund out of which their losses can be paid Policyowner - Answer is the person or org that applies for the policy and pays the premium Actuarial Tables - Answer Are statistical tables that are used when calculating...
The insured and insurance company will share the cost of covered losses under which health policy feature? - Answer Payment of Claims provision M applies for a health insurance policy and pays the initial premium. When the agent completes the application, a conditional receipt is left with the...
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Add to cartThe insured and insurance company will share the cost of covered losses under which health policy feature? - Answer Payment of Claims provision M applies for a health insurance policy and pays the initial premium. When the agent completes the application, a conditional receipt is left with the...
Age requirement for insurance license - Answer 18 years Continuing ED: Prelicensing requirement for each line of insurance? How many hours in class? - Answer 20 Hours 7.5 in Class NO PRODUCER EXEMPT Continuing Ed requirements for 24 months? How many hours must be in ethics...
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Add to cartAge requirement for insurance license - Answer 18 years Continuing ED: Prelicensing requirement for each line of insurance? How many hours in class? - Answer 20 Hours 7.5 in Class NO PRODUCER EXEMPT Continuing Ed requirements for 24 months? How many hours must be in ethics...
An applicant may not be refused insurance coverage due to - Answer Race An applicant may be refused insurance coverage due to - Answer 1. Health 2. Age 3. Occupation The director - Answer Has authority to review policy forms if they will be issued for delivery in Illinois Which...
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Add to cartAn applicant may not be refused insurance coverage due to - Answer Race An applicant may be refused insurance coverage due to - Answer 1. Health 2. Age 3. Occupation The director - Answer Has authority to review policy forms if they will be issued for delivery in Illinois Which...
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