Life and Health
University of Michigan
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Michigan Life and Health Final Exam
- Exam (elaborations) • 15 pages • 2023
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- $12.00
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Term insurance is appropriate for someone who - seeks temporary protection and 
lower premiums. 
After the first payment is made the grace period for an accident and health policy 
is___days. - 30 
An attending physicians statement would be appropriate with insurance purposes? 
All of trequest of an insurer to assist in underwriting decision. - an attending 
physicians statement is done at the request of insurer when it could affect the 
underwriting decision- consent of the application. 
An acc...
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Final Exam-Michigan Life and Health Questions and Answers Grade A+ 2023
- Exam (elaborations) • 21 pages • 2023
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- $12.00
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What amount will be paid under a policy where the insured misstated his/her age? - an amount the premium would have purchased at the correct age 
 
the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - 30 days 
 
which of these is considered to be a Living benefit option in a life insurance policy - Accelerated death benefit 
 
loans obtained by a policy owner against the cash value of a life insurance policy - would n...
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