De life insurance exam - Study guides, Class notes & Summaries

Commissioner of Insurance - Answer Enforces all laws of the state, governing insurance companies and makes rules and regulations relating to the business of insurance. Elected for 4 year term. Commissioner may call and hold hearings deemed for any purpose necessary. Written notice must be given at least: - Answer 10 days written notice At the very least, a company shall be examined: - Answer Once every five years Any person who willfully violates a cease/desist order from the Comm...

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Types of prevention - answer-primary- car restraints, bicycle helmets, immunizations secondary- prevent for those with RF-pap, mammo tertiary-mgmt of established disease- meds, lifestyle Primary - answer-Preventing the health problem, most cost effective form of healthcare **IMMUNIZATIONS, ensuring adequate illumination at home (preventing falls) Secondary - answer-Detecting disease in early asymptomatic stages, screenings -Early cause finding of asymptomatic disease via the use of a sc...

Life & Health Insurance Exam (Arkansas). 218 Questions with 100% Correct Answers | Verified | Updated 2024. Reserves Funds held by the company to fullfull future claims. Funds are set by the state department of insurance. Multi-line Insurer An insurance company selling more than one line of insurance. (Ex. Home, auto, health, etc) Stock Companies Owned and controlled by stockholders, whose investment set the safety margin. Guaranteed fixed premiums. Nonparticipating policies. nonpartici...

PEARSON VUE LIFE INSURANCE PRACTICE EXAM QUESTIONS AND ANSWERS GOOD GRADE GUARANTEED ALREADY GRADED A+ LATEST 2024

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary Correct Answer: B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract 2 C.endowment D.annuity Correct Answer: D An insu...

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary Correct Answer: B.revocable beneficiary A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investment contract 2 C.endowment D.annuity Corr...

XCEL TESTING SOLUTIONS – LIFE & HEALTH INSURANCE WEIGHTED EXAM WITH 100% CORRECT QUESTIONS AND ANSWERS 2024. 2 / 16 1. The Do Not Call Registry offers exemptions for calls placed from all of thefollowing EXCEPT: insurance sales calls Charities, political organizations, and surveys are all offered exemptions fromTheDo Not Call Registry 2. The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called: cance...

PVL2601 EXAM ANSWERS MAY/JUNE 2023 QUESTIONS ASKED: Time left 1:03:40 Question 49 Not yet answered Marked out of 2.00 Not flaggedFlag question Question text In which one of the following cases did the court prohibit a retirement annuity fund from making payments to a maintenance debtor unless the Maintenance Court or the maintenance debtor's former wife consented to such payment? a. Gerber v Gerber and Pocock b. Magewu v Zozo c. Mngadi v Beacon Sweets and Chocolates Provid...