Arizona Life and Health Insurance State Exam Simulator Questions And Answers All Verified By An Expert A+ Graded
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Course
ARIZONA LIFE AND HEALTH
Institution
ARIZONA LIFE AND HEALTH
Which statement regarding the cash value of a whole life insurance policy is correct? - ANS Available to the policyowner when the policy has been surrendered.
Which of the following is NOT a valid contract exchange? - ANS An annuity exchanged fora . life insurance policy.
Interest is cred...
arizona life and health insurance state exam simul
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Arizona Life and Health
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Insurance State Exam Simulator
Questions And Answers All
Verified By An Expert A+ Graded
, Which statement regarding the cash value of a whole life insurance policy is correct? -
ANS Available to the policyowner when the policy has been surrendered.
Which of the following is NOT a valid contract exchange? - ANS An annuity exchanged
fora . life insurance policy.
Interest is credited to a fixed annuity no lower than the - ANS contract guaranteed rate
Under the uniform mandatory provisions, an accident and health insurer has the right to
request an autopsy - ANS Only where not prohibited by law
K
Which of the following would NOT be appropriate for an immediate annuity? - ANS A
C
parent saving for a child's college
Jerry has an indemnity plan which covers dental expenses. Typically, these type of
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plans - ANS cover preventative care once every six months
In what situation would disability income insurance premiums be a deductible expense?
- ANS Corporation paying for group disability income coverage for its employees
YC
which of these statements regarding insurance is false? - ANS As the number of
insured units increases, the number of losses decreases
A MET third-party administrator may NOT perform which of the following functions? -
ANS Marketing the plan
D
which of the following statements regarding hospital pre-authorization is NOT true? -
U
ANS It encourages weekend admission
Traditional individual retirement annuity (IRA) distributions must start by - ANS April 1st
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of the year following the year the participant attains age 70 1/2
Use of XYZ Insurance Company brochures, business cards, and rating guides is an
example of - ANS Expressed authority
Medicare Part A covers which type of care? - ANS Skilled nursing facility care
Al surrenders his life insurance policy for its cash value. The total of the premiums paid
into the policy minus total dividends received in cash or used to offset premiums is
referred to as the - ANS cost basis
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