Premerica Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

Which will be included in a policy summary? -:- Premium amounts and surrender values Why should the producer personally deliver the policy when the first premium has already been paid? -:- To help the insured understand all aspects of the contract An insurance contract requires that both the...

Which of the following is TRUE about credit life insurance? -:- Creditor is the policyowner The individual conversion policy CANNOT exceed -:- The amount of insurance being terminated. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the cu...

What is the timeframe for filling relevant suspicious activity reports -:- 30 days of initial discovery in the underwriting process, it was discovered that the applicant for life insurance is in poor health & has same dangerous habits which of the following is true concerning the policy premi...

An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. no...