Georgia Laws, Rules, and regulations Pertinent to Life and Accident and Sickness Insurance Exam Questions and Answers 100% Pass
10 views 0 purchase
Course
Georgia Life and Health Insurance
Institution
Georgia Life And Health Insurance
Georgia Laws, Rules, and regulations Pertinent to
Life and Accident and Sickness Insurance Exam
Questions and Answers 100% Pass
5 Years - Correct Answer ️️ -The period of time in which the Commissioner must
conduct an examination of every authorized insurer
20 Days - Correct Answer ️️ ...
Georgia Laws, Rules, and regulations Pertinent to Life and Accident and Sickness Insurance Exam Questions and Answers 100% Pass 5 Years - Correct Answer ✔️✔️-The period of time in which the Commissioner must conduct an examination of every authorized insurer 20 Days - Correct Ans wer ✔️✔️-Time frame for the Commissioner to provide the examinee a copy of the written report 10 Days - Correct Answer ✔️✔️-written notice to all interested parties 30 Days - Correct Answer ✔️✔️-The hearing must be held no later than ___ days after the request was received Parties may request a hearing within ____ days The Commissioner must make an order on the hearing within ____ days $2,000 - Correct Answer ✔️✔️-Maximum fine for each nonwillful insurance code violation $5,000 - Correct Answer ✔️✔️-Maximum fine for each willful insurance code violation $10,000 - Correct Answer ✔️✔️-Maximum fine for violation a cease and desist order Felony - Correct Answer ✔️✔️-Insurance fraud Maximum fine for insurance fraud - Correct Answer ✔️✔️-$10,000 2 Years - Correct Answer ✔️✔️-Minimum prison time in addition to the $10,000 fine 10 Years - Correct Answer ✔️✔️-Maximum prison time in addition to the $10,000 fine 3 Days - Correct Answer ✔️✔️-___ days notice required to temporarily suspend a license, if emergency action is needed The Association's maximum liability for any one life is as follows - Correct Answer ✔️✔️-
$300,000 Life Insurance Death Benefits - Correct Answer ✔️✔️-$100 ,000 Life Insurance Net Cash Surrender and Withdrawals Value - Correct Answer ✔️✔️-
$300,000 Present Value of Annuity Benefits - Correct Answer ✔️✔️-$300,000 Health Insurance Benefits not Otherwise Define - Correct Answer ✔️✔️-$300,000 Disability Insurance - Correct Answer ✔️✔️-$300,000 Long -Term Care Insurance - Correct Answer ✔️✔️-$300,000 Basic Hospital, Medical, and Surgical Insurance or Major Medical Insurance - Correct Answer ✔️✔️-$500,000 Producers must report name or address changes within - Correct Answer ✔️✔️-30 days Applicant's Minimum Age - Correct Answer ✔️✔️-18 Applicants must complete ___ hours of prelicensing education per line of authority - Correct Answer ✔️✔️-20 hours Pass the licensing exam with a score of at least ___% - Correct Answer ✔️✔️-70% 90 Days - Correct Answer ✔️✔️-Nonresident producers moving to Georgia have this long to establish themselves as a resident producer (without taking Georgia prelincensing education or insurance exam)
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 or Stuvia-credit 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 BrittieDonald. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
