Washington laws and rules - Study guides, Class notes & Summaries

Commissioner - ANS The Commissioner of Insurance is the chief officer of the Washington Insurance Department. This is an elected position serving a term of 4 years. The Commissioner also makes rules and regulations to help carry out the provisions of the Washington insurance code. Hearing - ANS The Commissioner may hold a hearing whenever deemed necessary. All hearings must be held or refused within 30 days after the Commissioner receives demand. The Commissioner must give notice of the...

The Grace Period for an accident and health (disability) policy where the premiums are paid monthly is - ANSWER 10 days Newborn coverage for an accident and health (disability) family policy begins - ANSWER at the moment of birth Misrepresentation - ANSWER A licensee who informs an insured of inaccurate terms, benefits, or advantages of any policy is committing which of the following violations? Bronze, Silver, Gold, Platinum - ANSWER How are health plans classified according to the Aff...

Commissioner - ANSWER this is the chief officer of the WA insurance Department. This is an elected position serving a term of 4 years. This person also makes rules and regulations to help carry out the provisions of the WA insurance code Hearing - ANSWER The commissioner may hold one of these whenever deemed necessary. All must be held or refused within 30 days after the Commissioner receives demand. The commissioner must give notice of the time and place at least 10 days in advance Penalt...

Washington Laws and Rules Exam Questions with Correct Answers

WASHINGTON LAWS AND RULES PERTINENT TO INSURANCE SUMMARY EXAM QUESTIONS WITH COMPLETE SOLUTIONS The commissioner of insurance is elected to a term of ___ years 4 The commissioner examine records of insurance companies every __ years to ensure the company comply with the laws and regulations in WA 5 The commissioner may issue a temporary insurance producer license to The surviving spouse or court-appointed administrator of a deceased or disabled producer for a max period of 180 days witho...

Violations of US Code Title 18 section 1033, may result in correct answers Fine and/or imprisonment Charles is a producer who is licensed in Washington but resides in Oregon. Charles is considered to be a(n) correct answers Nonresident producer Before a producer may sell, solicit, or negotiate insurance from an insurer, the producer must have a(n) correct answers Appointment The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new...

WASHINGTON LAWS AND RULES PERTINENT TO INSURANCE.

Washington Laws, Rules, and Regulations questions and answers.

Washington Laws and Rules Pertinent to Insurance With Questions And 100% SURE ANSWERS

Violations of US Code Title 18 section 1033, may result in correct answers Fine and/or imprisonment Charles is a producer who is licensed in Washington but resides in Oregon. Charles is considered to be a(n) correct answers Nonresident producer Before a producer may sell, solicit, or negotiate insurance from an insurer, the producer must have a(n) correct answers Appointment The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new...