100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Delaware Life Producer Exam $9.84   Add to cart

Exam (elaborations)

Delaware Life Producer Exam

 0 view  0 purchase
  • Course
  • Institution

Delaware Life Producer Exam

Preview 1 out of 4  pages

  • June 4, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Delaware Life Producer Exam
A(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

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 denicetho. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.84. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

74735 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.84
  • (0)
  Add to cart