LAWS & RULES PERTINENT TO LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 100% GUARANTEED PASS
3 views 0 purchase
Course
LAWS AND RULES PERTINENT TO INSURANCE
Institution
LAWS AND RULES PERTINENT TO INSURANCE
LAWS & RULES PERTINENT TO LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 100% GUARANTEED PASS
Employer noncontributory group life policies must allow for all of the following EXCEPT
conversion privilege
insured can determine the benefit amount
insured can name a beneficiary
minimum participation ...
Employer noncontributory group life policies must allow for all of the following EXCEPT
conversion privilege
insured can determine the benefit amount
insured can name a beneficiary
minimum participation requirements
Insured can determine benefit amount
Colorado's replacement rules apply to all of the following types of insurance EXCEPT
1-year term
10-year term
20-year term
single premium whole life
Single premium whole life
Which of the following statements is true regarding the replacement of a life insurance policy in
Colorado?
The replacing insurer must maintain copies of all records regarding the replacement for at least 5 years
The producer must maintain copies of all records regarding the replacement for at least 5 years
The insurer whose policy is being replaced must keep all records regarding the replacement for at least
, 5 years
All parties must maintain copies of all records regarding the replacement for at least 10 years
The replacing insurer must maintain copies of all records regarding the replacement for at least 5 years
Which of the following words may be used in the advertisement of life insurance or annuities?
Risk-free
Guaranteed
Investment
Savings
Guaranteed
A producer must remit premiums to the insurer within ___ days after receipt.
10
15
30
45
45
Interest on life insurance proceeds is
required if the claim was not paid within 30 days of death
required if the claim was not paid within 30 days of the date insurer received the claim
8%
not required in this state
required if the claim was not paid within 30 days of the date insurer received the claim
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 NurseAdvocate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
