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IMPROVED MN LIFE AND HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS $7.99   Add to cart

Exam (elaborations)

IMPROVED MN LIFE AND HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS

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  • Course
  • Mn life insurance
  • Institution
  • Mn Life Insurance

IMPROVED MN LIFE AND HEALTH INSURANCE EXAM QUESTIONS AND ANSWERS TheUcommissionerUexaminesUeachUinsurerUeveryU___UYears.U-UCORRECTUANSWER-5Uyears $____UfineUperUdayUifUaUpersonUviolates,Uaids,UorUabetsUaUwrittenUceaseUandUdesistUorderUUCORRECTUANSWER-$10,000 LicenseUfeeUmayUrequestUaUhearingU...

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  • November 8, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Mn life insurance
  • Mn life insurance
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ameliashamash
IMPROVED MN LIFE AND HEALTH INSURANCE
EXAM QUESTIONS AND ANSWERS
TheUcommissionerUexaminesUeachUinsurerUeveryU___UYears.U-UCORRECTUANSWER-5Uyears



$____UfineUperUdayUifUaUpersonUviolates,Uaids,UorUabetsUaUwrittenUceaseUandUdesistUorderU-
UCORRECTUANSWER-$10,000




LicenseUfeeUmayUrequestUaUhearingUwithinU____UdaysUofUcommissionersUorder.UAfterUhearingUrequest,UCo
mmissionerUhasU____UdaysUtoUholdUtheUhearing.U-UCORRECTUANSWER-30UDays,U30Udays



AllUaccidentUandUhealthUinsuranceUpoliciesUmustUbeUfiledUwithUtheUcommissionerUatUleastU____UdaysUprior
UtoUuseU-UCORRECTUANSWER-60Udays




DuringUPre-licensing...

____UhoursUperUmajorUlineUofUauthority

_____%UpassingUscoreUonUstateUexam

____UnumberUofUyearsUtheUexamUresultsUareUvalidU-UCORRECTUANSWER-20,U70%,U3UYEARS



LicenseUapplicationUfeeU-UCORRECTUANSWER-$50UperUlineUofUauthority



____UCreditUhoursUperUlicensedUproducer

___UhoursUmustUbeUinUethicsU-UCORRECTUANSWER-25UcreditUhours,U3



___UhourUpartnershipUpriorUtoUsellingULTCU-UCORRECTUANSWER-8Uhour



___UhourUrefresherUcourseUeveryUtwoUyearsUafterUinitialUtrainingUforULTCU-UCORRECTUANSWER-4Uhours



LicenseUperiodsUafterUtheUfirstUlicensingUperiodUare___UyearsU-UCORRECTUANSWER-2Uyears

,AUtemporaryUinsuranceUproducerUlicenseUmayUbeUissuedUforUupUtoU___UdaysU-UCORRECTUANSWER-
180Udays



AUlicensee'sUtimeUtoUnotifyUtheUcommissionerUofUaddressUchangeUisU___UdaysU-UCORRECTUANSWER-
10Udays



AUlicenseUisUsuspendedUforUanyUperiodUofUtimeUnoUlessUthanU___UmonthsU-UCORRECTUANSWER-3Umonths`



AUpersonUwho'sUlicenseUisUrevokedUcanUreapplyUafterU___Uyears.UTheUproducerUmustUobtainUaUperforman
ceUbondUofUatUleastU_____U-UCORRECTUANSWER-2Uyears,U$20,000



CommissionerUmayUfineUaUproducerUupUtoU___UperUviolationU-UCORRECTUANSWER-$10,000



TheUinsurerUmustUfineUnoticeUofUappointmentUwithinU___UdaysUofUfirstUsaleUbyUtheUproducer.U-
UCORRECTUANSWER-15Udays




AnUinsurerUthatUterminatesUanUappointmentUmustUnotifyUtheUcommissionerUwithinU_____UdaysU-
UCORRECTUANSWER-30Udays




WithinU____Udays,UtheUinsurerUmustUsendUwrittenUnoticeUofUtheUterminationUtoUtheUproducer.U-
UCORRECTUANSWER-15Udays




WithinU___UdaysUafterUreceivingUnoticeUofUtermination,UtheUproducerUmayUfileUwrittenUcommentsUconcer
ningUtheUterminationUwithUtheUcommissionerU-UCORRECTUANSWER-30Udays



TheUpenaltyUforUfailingUtoUappointUaUproducerUisU$____UperUoffense,UandUupUtoU$____UmaximumUperUuna
ppointedUproducerU-UCORRECTUANSWER-$25,U$300



TheUproducerUmustUnotifyUtheUcommissionerUofUanyUadministrativeUactionUtakenUorUcriminalUprosecution
UagainstUtheUproducerUwithinU____UdaysU-UCORRECTUANSWER-30Udays

, TheUproducerUmustUnotifyUtheUcommissionerUwithinU______UdaysUofUanyUfelonyUorUgrossUmisdemeanorUc
onviction,UguiltyUplea,UorUpleaUofUnoUcontest.U-UCORRECTUANSWER-10Udays



AUlapsedUlicenseeUcanUreinstateUlicenseUwithinU____Umonths.U-UCORRECTUANSWER-12UMonths



TheUpenallyUforUrebatingUisU$____UtoU$____UperUviolation.UAUpromotionalUgiftUorUadvertisingUitemUofU$__
__UisUnotUaUrebate.U-UCORRECTUANSWER-$60UtoU$200,U$25



TheUinsurerUmustUreplyUtoUcustomerUclaimsUandUinquiresUwithinU____Udays.U-UCORRECTUANSWER-10Udays



PoliciesUmustUbeUdeliveredUtoUtheUinsuredUwithinU____UworkingUdaysUofUtheUproducersUrecipesUfromUtheU
insurer.U-UCORRECTUANSWER-30Udays



ProducerUfinancialUandUcompliantUrecordsUmustUbeUkeptUonUfileUforU____Uyears.U-UCORRECTUANSWER-
6Uyears.



PremiumUrefundsUmustUbeUsentUtoUinsuredUwithinU_____UdaysUofUtheUproducerUreceiptUfromUtheUinsurer.
U-UCORRECTUANSWER-5Udays




Insurers:UPolicyUforms,Uapplications,UandUadvertisingUmustUbeUretainedUforU____UyearsUafterUtheUeffective
Udate.U-UCORRECTUANSWER-3Uyears




Insurers:UClaimUrecordsUmustUbeUretainedUforU____UyearsUafterUtheUclaimUisUpaidUorUdeniedU-
UCORRECTUANSWER-3Uyears




Insurers:UmustUrefundUunearnedUpremiumUtoUtheUinsuredUwithinU_____Udays.U-UCORRECTUANSWER-
30Udays



OralUbindersUmustUbeUputUintoUwritingUtoUtheUinsuredUwithinU_____UbusinessUdays.U-UCORRECTUANSWER-
5Udays

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