Insurance exam az latest - Study guides, Class notes & Summaries

Insurance Exam AZ #1333 Latest Update Rated A An insurer must keep advertising materials and records for at least how many years? 3 The insurance coverage in a variable life insurance policy may vary based on the value of the underlying investments When is it acceptable to charge or receive a fee or service charge in addition to the premium in connection with the transaction of insurance? If the amount of the fee or service charge is reasonably related to the cost of the service. The dental s...

AZ Life Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: A life policy that has premiums that are lower than normal during the early years is called Decreasing term Modified life Variable life Limited-pay life Answer: Modified life Q: a material change in a modified endowment contract (MEC) results in the contract becoming void a new contestable period the seven pay test, adjustable for cash value, applies again a tax ...

Arizona Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Which statement concerning the Entire Contact provision in an individual accident and health insurance policy is TRUE? Answer: The agent doesn't have the authority to change the policy or waive its provisions Q: Under the Fair Credit Reporting Act, which statement is true? Answer: The consumer who was investigated must be advised that credit, insurance...

An insurer must keep advertising materials and records for at least how many years? - Answer 3 The insurance coverage in a variable life insurance policy may vary based on the value of - Answer the underlying investments When is it acceptable to charge or receive a fee or service charge in addition to the premium in connection with the transaction of insurance? - Answer If the amount of the fee or service charge is reasonably related to the cost of the service. The dental specialt...

AZ Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Which of these is an accurate statement regarding the fixed period settlement option on a life insurance policy? Answer: A portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policy Q: Under what circumstance does an accident and health insurer have the right to request an autopsy? Answer: When not prohibited...

AZ Insurance Exam #1333 (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: a terminally ill policy owner decides to sell his life insurance policy at a discount to help support his family. this sale is called a(n) Answer: viatical settlement Q: the administrator for a corporate pension plan bought an accumulation annuity contract for its 2,000 employees. all 2,000 employees received certifi- cates of participation. what kind of contract is this? A...

Insurance Exam AZ #1333 Questions with 100% Correct Answers | Verified | Latest Update

Insurance Exam AZ #1333 Latest 2024 Update Rated A

Insurance Exam AZ #1333 Latest Update Rated A+

Insurance Exam AZ #1333 Latest Update Rated A+