South carolina life - Study guides, Class notes & Summaries

South Carolina Life Insurance Producer Exam Questions and Answers

South Carolina Life and Health Final Exam Questions and Answers 100% Pass A closed network plan offers a primary physician copay of $25. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay 100% of the billed amount What does Coordination of Benefits allow? Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid A waiver of premium rider allows an insured to waive premium payments if ...

SOUTH CAROLINA LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS A closed network plan offers a primary physician copay of $25. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay - correct answer 100% of the billed amount What does Coordination of Benefits allow? - correct answer Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid A waiver of premium rider allows an insured to waive ...

Producer - ANSWER Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWER An agent who holds an insurance license in the state in which they live non-resident producer - ANSWER Agents who hold an insurance license in a different state than the one they live Broker - ANSWER agents that work on behalf of life insurance companies to help potential customers navigate the process of buying...

South Carolina Real Estate Exam (State Portion Only) Questions and Answers The creditor should ascertain the preference of the _____ as to legal counsel relating to closing the loan and insurance agent. A) lender B) seller C) real estate agent D) borrower - Correct Answer ️️ -D) borrower The assumption fee when assuming a loan in SC may not exceed _____. A) 1% of the loan or $400, whichever is greater B) 1/2% of the loan C) $500 D) 1% of the loan or $400, whichever is less - Corr...

South Carolina Life Insurance Exam Graded A+

South Carolina Life Insurance Producer Exam 2024 with 100% correct answers 1. Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. ANS Producer 2. An agent who holds an insurance license in the state in which they live ANS - resident producer 3. Agents who hold an insurance license in a different state than the one they live ANS non-resident producer 4. agents that work on behalf of life insurance companies to...

South Carolina Life Insurance Producer 2024 with 100% correct answers

South Carolina life insurance exam study set Questions and Answers 2024 Verified An insurer will accept a premium from the insured and continue theicoverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace period - CORRECT ANSWER-Grace period A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? Standard Substandard Acceptable...

South Carolina Life and Health insurance Exam with correct Answers