Sc life accident health - Study guides, Class notes & Summaries

SC Accident. Health, and Life Insurance Exam questions with 100% correct answers 2024.

SC Life, Accident, Health Questions With Solutions 100% Correct How much you give notice of privacy and health info? In person annually What is the fine for blank forms? $200 What are prohibited inducements? Promise of returns (opposite of rebate which is incentive up front) How does one get immunity from fraud? Reporting it (Restitution is still on table) Difference between twisting and misrepresentation? Twisting is for purpose of replacing policy

Life, Accident, and Health Insurance Exam (SC) Questions and Answers

SC Life, Accident, Health accurate 100% Reciprocal Agreement -ANSWER Two states allowing for non resident license What two brokers dont need a license -ANSWER Surplus and Excess Fine for selling ins without license? -ANSWER $10,000 Who examines foreign and alien insurers? -ANSWER Regulatory authority What is the biennial appointment fee? -ANSWER $40 What is the application fee? -ANSWER $25 What is Section 1034? -ANSWER Authorizes the attorney general to provide civil and c...

SC Accident. Health, and Life Insurance Exam

SC Accident. Health, and Life Insurance Exam Questions And Answers Annuity Certain - ANS Maria would like an annuity that provides a guaranteed accumulation or payout. The type of annuity she is seeking is called Survivorship Life - ANS The type of policy which pays on the death of the last person is called Malign another insurer - ANS Defamation occurs when a producer makes a false statement intended to A 70 year old NOT eligible for Social Security *You are not eligib...

SC ACCIDENT. HEALTH, AND LIFE INSURANCE EXAM

SC Health, Life, Accident Insurance Exam

SC Health, Life, Accident Insurance Exam

SC Health, Life, Accident Insurance exam questions with 100% correct answers