100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
NEW JERSEY LIFE AND HEALTH EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS $16.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. NEW JERSEY LIFE AND HEALTH
  4.  
  5. NEW JERSEY LIFE AND HEALTH

Exam (elaborations)

NEW JERSEY LIFE AND HEALTH EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
 0 purchase
  • Course
  • NEW JERSEY LIFE AND HEALTH
  • Institution
  • NEW JERSEY LIFE AND HEALTH

NEW JERSEY LIFE AND HEALTH EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - Precise Answer Home health care Which of the following is NOT a federal requireme...

[Show more]

Preview 4 out of 37  pages

Document information

  • August 9, 2024
  • 37
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • new jersey life and health exam with 100

Written for

  • NEW JERSEY LIFE AND HEALTH
  • NEW JERSEY LIFE AND HEALTH

Seller

avatar-seller
YANCHY

Reviews received

Content preview

NEW JERSEY LIFE AND HEALTH EXAM
2024/2025 WITH 100% ACCURATE
SOLUTIONS


Which type of long-term care benefit would be most appropriate for a
stroke victim who requires speech therapy administered at her home? -
Precise Answer ✔✔Home health care


Which of the following is NOT a federal requirement of a qualified
plan? - Precise Answer ✔✔Employee must be able to make unlimited
contributions


Why are dividends from a mutual insurer not subject to taxation? -
Precise Answer ✔✔Because dividends are considered to be a return of
premium


The treasurer of XYZ Insurance Company discovers that the treasurer's
company is being investigated by the Banking and Insurance
Commissioner... - Precise Answer ✔✔Making false financial statements


Which type of rider will waive the premium on a child's life insurance
policy if the parent paying the premium dies? - Precise Answer
✔✔Payor benefit

,Which of these premium payment frequencies is not typically available
to a policy owner? - Precise Answer ✔✔Bi-weekly


Maria the agent would like to advertise an annuity product on a highway
billboard. Which of the following must be included in the
advertisement? - Precise Answer ✔✔Her name


Which disability policy provision would address any concerns of the
value of the benefits decreasing over time? - Precise Answer ✔✔Cost of
living benefit


Which of these is NOT a characteristic of the Accelerated Death Benefit
option? - Precise Answer ✔✔The benefit can be offered as a rider at a
specific extra cost or may be at no cost


All of the following are included as part of a contract in the entire
contract provision EXCEPT the - Precise Answer ✔✔Changes made by
the producer


The power given to an individual producer that is not specifically
addressed in his/her contract is considered what type of authority? -
Precise Answer ✔✔Implied


Pat is insured with a life insurance policy and Karen is his primary
beneficiary. They are both involved in an automobile accident where Pat
dies instantly and Karen dies 5 days later... - Precise Answer
✔✔Common disaster clause

,Key Person Disability Insurance pays benefits to the - Precise Answer
✔✔Employer


Under a disability income policy, which provision would be payable if
the cause of an injury is unexpected and accidental? - Precise Answer
✔✔Accidental bodily injury provision


What will the beneficiary receive if an annuitant dies during the
accumulation period? - Precise Answer ✔✔The greater of the
accumulated cash value or the total premium paid


Written notice for a health claim must be given to the insurer ___ days
after the occurrence of the loss. - Precise Answer ✔✔20


Craig submits a $500 claim for medical expenses. With a past due
premium of $100, the insurer pays $400. Which of the Uniform Optional
Provisions covers this situation? - Precise Answer ✔✔Unpaid premium


How many employees must an employer have for a terminated
employee to be eligible for COBRA? - Precise Answer ✔✔20


A licensed producer is required to file notice of any change of address
within how many days? - Precise Answer ✔✔30

, Advertising material for a life insurance policy does NOT need to
contain which of the following? - Precise Answer ✔✔Agent's
commission rate


What is the maximum fine for a producer violating a New Jersey
Insurance law for the first time? - Precise Answer ✔✔$5,000


How long must an individual be unable to engage in any gainful activity
due physical or mental disability in order to qualify for Social Security
Total Disability? - Precise Answer ✔✔12 months


Sonya applied for a health insurance policy on April 1. Her agent
submitted the information to the insurance company on April 6. She paid
the premium on May 15 with the policy indicating the effective date
being May 30. On which date would Sonya have coverage? - Precise
Answer ✔✔May 30


Under a life insurance policy, what does the insuring clause state? -
Precise Answer ✔✔The insurer's obligation to pay a death benefit upon
an approved death claim


Jennifer is required to pay a specific sum out of pocket before any
benefits are paid in a year. Her health policy most likely contains a(n) -
Precise Answer ✔✔deductible


How often must an insurance producer's license in New Jersey be
renewed? - Precise Answer ✔✔Every two years

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 YANCHY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$16.49
  • (0)
Add to cart
Added