Ga health insurance exam - Study guides, Class notes & Summaries

GA Life Insurance Exam Questions and Answers 100% Pass Who elects the governing body of a mutual insurance company? - Correct Answer ️️ - policyholders What year was the McCarran-Ferguson Act enacted? - Correct Answer ️️ -1945 A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - Correct Answer ️️ -a fraternal benefit society The stated amount or percent of liquid assets that an insurer must have on ha...

GA: Life Insurance Exam Questions and Answers 100% Pass When does an Endowment Life policy mature? - Correct Answer ️️ -When the Insured dies or reaches the age or date of endowment. A securities license is required to sell which of the following? - Correct Answer ️️ - Variable Universal Life Which is a community based provider of insurance benefits: - Correct Answer ️️ -PPO The Payor Benefit Rider is commonly found in policies insuring: - Correct Answer ️️ - juveniles. ...

What is the maximum yearly contribution can an individual make into an IRA? An HR-10? - Answer- 2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Answer-accidental bodily injury Who manages a reciprocal? - Answer-attorney in fact Reserves are defined as... - Answer-the accounting measurements of an insurer's liabilities to its policy holders No COA required if agent - Answer-Places less than 12...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

GA Life, Health and Accident Insurance Exam Questions and Answers 100% Pass An individual wishes to purchase whole life Insurance but does not wish to pay premiums past retirement age. Which of the following policies should the person buy? - Correct Answer ️️ -Limited pay In addition to the Insurance Department, who has the authority to regulate variable life insurance? - Correct Answer ️️ -Securities Exchange Commission Rules and regulations made by the Commissioner of Insurance ...

GA Health Insurance Exam Practice Questions and Answers Under which of the following circumstances will the benefits under COBRA continuation coverage end? - Answer️️ -all group health plans are terminated by the employer Dental care coverage is designated to cover the costs of all the following EXCEPT: - Answer️️ -loss of income Which type of policy would pay an employee's salary if the employer was injured in a bicycle accident and out of work for six weeks? - Answer️️ - ...

All Practice Exam Questions - Life, Accident and Sickness - GA State License with 100% Correct Solutions 100% - Correct Answer ️️ -How much participation does a Noncontributory plan require? constructive delivery - Correct Answer ️️ -The insured hands control of the policy to another person (usually the agent) beneficiary change can be made by doing what? - Correct Answer ️️ -Filing a request with the insurer - Recording Method, or by endorsement Entire Contract Provision - C...

GA Life, Health and Accident Insurance Exam Latest Update 2024GA Life, Health and Accident Insurance Exam Latest Update 2024GA Life, Health and Accident Insurance Exam Latest Update 2024

GA Life and Health Exam Questions and Answers 100% Pass Policyholders elect the governing bodies of which of the following types of insurance companies? - Correct Answer ️️ -Mutual An insurance agent is in violation of the Rules Governing Advertisement of Life Insurance and Annuities if the agent takes which of the following actions during a sales presentation? - Correct Answer ️️ -Refers to guaranteed policy dividends An insurance agent is guilty of twisting if the agent - Correc...

GA Life and Health Exam Questions and Answers 100% Pass Policyholders elect the governing bodies of which of the following types of insurance companies? - Correct Answer ️️ -Mutual An insurance agent is in violation of the Rules Governing Advertisement of Life Insurance and Annuities if the agent takes which of the following actions during a sales presentation? - Correct Answer ️️ -Refers to guaranteed policy dividends An insurance agent is guilty of twisting if the agent - Correc...