Guaranty corporation Study guides, Class notes & Summaries

How much time does a person who was a party to a hearing have to appeal the order by the Superintendent? - correct answer 30 days As a prerequisite to maintaining a license, licensees must complete a continuing education requirement every: - correct answer 2 years If Jerry's insurance producer's license expires, how much time does he have to be reinstated without retaking the Maine insurance licensing examination? - correct answer 2 years What is the maximum life insurance death...

Connecticut Life and Health Insurance Exam CT Life Questions And Answers A producer has indicated to a potential client that the proposed life insurance is covered by the Connecticut Life and Health Insurance Guaranty Association. This action taken by the producer is - ANS- "Prohibited by law". Pointing out to a prospective client that the life insurance policy you are presenting is covered by the Connecticut Life and Health Guaranty Association is prohibited by law. Which of the follow...

Connecticut Life and Health Insurance Exam Questions and Answers 100% Pass A producer has indicated to a potential client that the proposed life insurance is covered by the Connecticut Life and Health Insurance Guaranty Association. This action taken by the producer is - Correct Answer ️️ -"Prohibited by law". Pointing out to a prospective client that the life insurance policy you are presenting is covered by the Connecticut Life and Health Guaranty Association is prohibited by law. ...

Maryland Life and Health Insurance Licensing Exam Questions and Answers Already Passed After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms? File written proof of loss Which of these factors help determine an insured's life insurance premium? Avocation (hobby) The Life and Health Guaranty Corporation provides funds to carry out its powers and duties by assessing Member insurers Lifetime protection A limited payment whole life policy provides Decr...

After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms? - File written proof of loss Which of these factors help determine an insured's life insurance premium? - Avocation (hobby) The Life and Health Guaranty Corporation provides funds to carry out its powers and duties by assessing - Member insurers Lifetime protection - A limited payment whole life policy provides Decreasing term life - The least expensive option to pay off a 30-year mortgage ba...

The Insurance Commissioner may perform all the following duties except: A- Conduct hearings B- Adopt rules and regulations C- Pass insurance laws D- Suspend or Revoke Licenses - Answer- C- Pass Insurance Laws The WV Insurance Guaranty Association may do all the following EXCEPT A- lend money to an impaired insurer B- assume the businesses of insolvent insurers C- reinsure the policies of WV residents D- Invest the assets of troubled insurers - Answer- D- Invest the assets of trouble...

TSAC & TBR Questions with complete solution 2023/2024 What is the Tennessee Student Assistance Corporation (TSAC)? - correct answer The Tennessee Student Assistance Corporation (TSAC) administers over 20 different state student financial aid programs, including the HOPE scholarship, Tennessee Promise, Tennessee Reconnect, Tennessee Student Assistance Award, and the Dual Enrollment grant. To increase awareness and participation in the financial aid programs, the agency conducts financial aid out...

After an insured gives notice of loss, what must he/she do if the insurer does not furnish forms? - File written proof of loss Which of these factors help determine an insured's life insurance premium? - Avocation (hobby) The Life and Health Guaranty Corporation provides funds to carry out its powers and duties by assessing - Member insurers Lifetime protection - A limited payment whole life policy provides Decreasing term life - The least expensive option to pay off a 30-year mortgage ba...

What is the Airlines Reporting Corporation (ARC)? correct answers ARC is an airline-owned company providing travel agency and carrier accreditation services, ticket transaction settlement services, as well data and analytical products and services. What is ARC's core business? correct answers Settlement Services Who are ARC's participating carriers? correct answers Railroads and airlines What is the ARC Specialist Training and Certification Program? correct answers The ARC Specialist ...

IRM Exam 2 TB - Questions and Answers (Complete Solutions) A defined benefit plan can help an older controlling employee in a small business maximize tax-deferred savings. True The Internal Revenue Code sets a maximum limit on the projected annual benefit that a defined benefit plan can provide. True An employee cannot be covered under both a defined benefit and a defined contribution plan. False Defined benefit plans that use the flat amount formula provide a retirement benefit that is a perc...