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Life insurance and Health Common to Life Health Insurance Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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A temporary license holder can receive a commission from a sale made to all of the following EXCEPT -:- The license holder's sister-in-law What is the major difference between a stock company and a mutual company? -:- ownership The following are all causes for the Insurance Commissioner to ...

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  • September 6, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Life Insurance
  • Life Insurance
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



Life insurance and Health Common to Life
Health Insurance Questions & 100% Correct
Answers- Latest Test | Graded A+ | Passed
A temporary license holder can receive a commission from a sale made to all of the

following EXCEPT


✓ -:- The license holder's sister-in-law




What is the major difference between a stock company and a mutual company?


✓ -:- ownership




The following are all causes for the Insurance Commissioner to suspend of impose

conditions upon the continuance of an agent's license EXCEPT


✓ -:- The applicant has been shown to be a poor personal credit risk




An agent completed a CE course in 2014. Until what year must the agent keep the records

of completion?


✓ -:- 2018




When transacting business in this state an insurer formed under the laws of another

country is known as a/an


1|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- Alien insurer




An agent's license will terminate within how many days from the due date of obligatory

fees and continuing education requirements


✓ -:- 90




The Commissioner of Insurance issues a Cease and Desist Order and immediately receives a

request for the charges to be viewed in a hearing. Within what number of days must the

hearing be held?


✓ -:- 10




Which of the following occupations would NOT directly help to qualify someone for the

office of Commissioner of Insurance?


✓ -:- insurance agent




Which of the following individuals could legally receive commissions from the sale of a life

insurance policy?


✓ -:- A licensed life insurance agent




In Texas how is the Commissioner of Insurance placed in office?



2|Page | Grade A+| 2024/2025

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