Sc life - Study guides, Class notes & Summaries

SC Life Insurance Exam (Exam for SC licensure for producing insurance as an agent) Questions & Answers, 2024 Solved 100% Correct!!

Sc life and health final exam with correct answers

SC Life Insurance Exam Questions and Answers

SC Life Insurance ExamThe balance of the loan will be taken out of the death benefit - correct answer If a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? Inspection Report - correct answer An insurer receives a report regarding potential insured that includes financial status, hobbies, and habits. What type of report is that? Spendthrift Clause - correct answer The clause that protects the proceeds of a life insurance policy from credi...

SC life insurance exam study set Exam Questions And Answers All Correct And Verified An insurer will accept a premium from the insured and continue their coverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace period - ANS Grace period A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? Standard Substandard Acceptabl...

Sc life and health final exam with correct answers

SC LIFE INSURANCE EXAM

South Carolina Real Estate Exam (State Portion Only) Questions and Answers The creditor should ascertain the preference of the _____ as to legal counsel relating to closing the loan and insurance agent. A) lender B) seller C) real estate agent D) borrower - Correct Answer ️️ -D) borrower The assumption fee when assuming a loan in SC may not exceed _____. A) 1% of the loan or $400, whichever is greater B) 1/2% of the loan C) $500 D) 1% of the loan or $400, whichever is less - Corr...

SC LIFE INSURANCE EXAM

UST Test Questions And Answers Latest Updated 2024/2025 (Graded A+) The regulations to enforce compliance of underground storage tank systems in the state are found in? a.) Code of Federal Regulations, 40 CFR Part 281 b.) California Code of Regulations, Title 23, Chapter 16 c.) Code of Federal Regulations, 40 CFR Part 280 d.) California Code of Regulations, Title 23, Chapter 17 - Correct answer b.) California Code of Regulations; Title 23, Chapter 16 2) By definition an "underground stor...