Credit life insurance - Study guides, Class notes & Summaries
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Washington Life and Health (Disability) Questions and Answers Latest Update Graded A+
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Washington Life and Health (Disability) 
Questions and Answers Latest Update 
 
Graded A+ 
 
An insurer authorized to do business within this state is considered what type of insurer? 
 
A 
Alien 
B 
Domestic 
C 
Foreign 
D 
 
Admitted D-Admitted 
 
An insurer authorized to do business in this state is referred to as admitted, and could be either 
domestic, foreign, or alien domiciled. 
 
A long-term care policy can exclude from coverage all of the following, except: 
 
Hospitalization (acute ca...
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WISE TEST QUESTIONS & ANSWERS 2024
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WISE TEST QUESTIONS & ANSWERS 2024 
 
 
In order to get spending under control, a person should first 
A. seek help on investing from a financial planner. 
B. consult a credit counseling service. 
C. create a budget of current income and expenses. 
D. subscribe to financial newsletters and magazines. - ANSWER-C 
 
Comparison shopping for a car is necessary because 
A. each dealer sells cars with different colors. 
B. lenders want to be sure consumers get the best price. 
C. the price for the car...
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Final Exam-Michigan Life and Health Questions and Answers Already Passed
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Final Exam-Michigan Life and Health 
Questions and Answers Already Passed 
 
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 ...
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C11 Principles and Practice of Insurance Questions and Answers(A+ Solution guide)
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Areas of regulation for Intermediaries - Q-ualifaction (must pass test) 
O-peration of business (must follow requirements) 
L- Icences - Must have license 
L- icence Renewal - Renewed annual 
The Categories of insurance: - 1) Social 
-Workers Compensation 
2) Life and Health 
Life, accident and sickness, and disability. 
3) General property/casualty insurance 
Personal Property 
Boiler and Machinery 
Automobile 
Commercial property 
Crime 
Business interruption 
Liability 
Aviation 
Marine 
Inla...
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WV State Life Insurance UPDATED Exam Questions and CORRECT Answers
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A group-owned insurance company that is formed to assume and spread the liability risks of 
its members is known as a: Risk retention group 
Which of the following requires insurers to disclose when an applicant's consumer or credit 
history is being investigated? 1970-Fair Credit Reporting Act 
Q purchases a $500,000 life insurance policy and pays $900 in premiums over the first six 
months. Q dies suddenly and the beneficiary is paid $500,000. This exchange of unequal 
values reflects w...
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Michigan Insurance Exams PACKAGE DEAL | BUNDLE contains the latest life, health, accident, credit producer insurance solutions, knowledge check and updated study guide - Everything you need to pass is here!
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Michigan Insurance Exams PACKAGE DEAL | BUNDLE contains the latest life, health, accident, credit producer insurance solutions, knowledge check and updated study guide - Everything you need to pass is here!
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INF1505 ASSIGNMENT 2 FOR 2024 - Distinction Obtained
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Question 1 Not yet answered Marked out of 1.00 
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Question text Which of the following is recommended in the context of a comprehensive security plan? 
 
a. Participants should receive certificates before training sessions. 
 
b. Management should expect employees to implement their own training. 
 
c. Employees should be trained in security measures. 
 
d. Employee passwords and ID badges should be periodically revoked. 
Clear my choice Question 2 Not yet answered Marked...
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Texas Life and Health Insurance Exam (question and answers) 2022/2023
- Exam (elaborations) • 19 pages • 2022
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At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - ANSWER Upon completion of the application 
 
Who elects the governing body of a mutual insurance company? - ANSWER policyholders 
 
An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act 
 
What type of reinsurance contract involves two companies automatically sharing their ri...
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Minnesota Life Insurance Questions With 100% Correct Answers.
- Exam (elaborations) • 52 pages • 2023
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The initial amount of credit life insurance may NOT exceed 
A-The borrower's annual income. 
B-The amount to be repaid under the contract. 
C-An amount set by statute and adjusted regularly for inflation. 
D-The borrower's monthly income. - Answer B 
This state provided for a temporary license for all of the following EXCEPT 
A-A producer's time in the military service. 
B-A producer's retirement. 
C-The death of a producer. 
D-A producer's disability. - Answer B 
Agents who persuade insure...
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214 FLORIDA INSURANCE ACTUAL EXAM WITH QUESTIONS AND ANSWERS VERIFIED
- Exam (elaborations) • 49 pages • 2023
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Multi-Line Insurers - CORRECT ANSWER-________-______ Insurers are insurance 
carriers that offer more than one line of insurance. 
False - CORRECT ANSWER-True or False? Stock Insurance Companies are 
"participating" in that the policyholders receive dividends. 
Attorney-In-Fact - CORRECT ANSWER-Reciprocal Insurers are managed by an 
___________________. 
Association - CORRECT ANSWER-Contrary to popular opinion, Lloyd's of London is 
not an insurer but rather an ____________. 
Limits Catas...
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