Reinstatement provision Study guides, Class notes & Summaries

PSI Practice Exam - Life Insurance Questions and Answers Rated A+ For an individual long-term care policy there is an annual dollar limit for tax deductions that is based on which of the following? 1. age 2. cost of care 3. policy value 4. premium cost 1 The group conversion option is allowed for all of the following EXCEPT 1. termination of the master policy . 2. loss of group coverage due to termination of employment. 3. upon the loss of eligibility on the part of a class of insureds. ...

PHR CA Exam Questions and Answers Latest Updated 2024/2025 (Graded A+) SB-63 Parent Leave Act (for Small Employers): Requires CA Employers w/20-49 employees within 75 mile radius to provide up to 12 weeks of job protected unpaid leave to new parents for purpose of bonding with newborn, newly adopted or foster child. * Virtually same terms + condition apply for FMLA + CFRA 3. Parent Leave- Eligible Employees: Employees with 1250 hours of service during 12 month period. 20 employees within 7...

Comprehensive Final Certification Exam: Illinois Health Insurance (Xcel Solutions) Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - Answer ️️ -home health care Jennifer is required to pay a specific sum out of pocket before any benefits are paid in a year. Her health policy most likely contains a(n) - Answer ️️ -deductible When a producer submits an insurance applicaton, the application is REQ...

Texas Life And Health Insurance Exam Questions With Correct Answers | Latest 2023/2024 (Graded A+). Which of the following actions is NOT possible with a Universal Life policy? - Correct Answer-Premiums may be applied as a credit against income tax Which of the following will a Long Term Care plan typically provide benefits for? - Correct Answer-home health care Which health policy clause stipulates that an insurance company must attach a copy of the application to the policy to ensure that...

At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - ANSWER Upon completion of the application Who elects the governing body of a mutual insurance company? - ANSWER policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their ri...

A group conversion option may be used in all the following instances EXCEPT - a life-changing event, such as marriage, divorce, or childbirth. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? - To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions. All of the following are characteristics of variable whole life EXCEPT - there is no guaranteed minimum death benefit. When should a buy-sell agree...

Stipulation - An agreement between two opposing counsel. Subordination - The procuring of another person to commit perjury. What do you do when a party to a lawsuit andhis attorney request a copy of a transcript? - You send a copy and an invoice. Pro se - Someone who represents himself in a court action. What's the time regarding a court reporter's deadlinefor filing the transcript in a civil case on appeal? - It starts on the date following the filing of the appeal. tete-a-tete - a pri...

NJ Life Producer Exam Correct answers latest update Which of the following amounts must decrease in a decreasing term? Death benefit In life insurance, insurable interest must exist at the time the.. Producer writes an on a proposed insured An applicant makes an offer to the insurer when they pay an initial premium with the application Which of the following makes Universal Life insurance different from other forms of permanent insurance? Premium Schedule An insurer that...

Kentucky Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A Q: Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? Joint Life Adjustable Life Variable Universal Life Universal Life Answer: Variable Universal Life Q: Two agencies are competing for a new client. Agency A mentions to the prospective client that all of the companies with which it does busin...

DE MPJE QUESTIONS AND ANSWERS 2023 how many intern hrs needed for pharmacist licesnure? 1500 - 1000 from hospital and retail - 500 from other areas what is the max amount of opioids a practitioner can prescribe outpatient to an adult patient for the first time or to a minor? 7 days supply Controlled substance authority for NPs can prescribe, administer, dispense, and procure C2-C5 definition of dispensing the interpretation, evaluation and implementation of a prescrib...