Tennessee life and health - Study guides, Class notes & Summaries

C. 30 - Answer The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. Business entity - Answer A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker B. 18 - Answer An indivi...

What unfair and prohibited practice involves the offer of a special premium or favor as an incentive to purchase insurance? A. Coercion B. Unfair discrimination C. Rebating D. Boycott, coercion and intimidation - ️️C. Rebating A temporary license issued to a representative of a licensed producer who dies or becomes disabled is valid for up to how many days? A. 120 B. 180 C. 240 D. 360 - ️️B. 180 A corporation, association , partnership, limited liability company, limited liab...

Insurance policies are offered on a "take it or leave it" basis, which make them a. Conditional Contracts b. Aleatory Contracts c. Unilateral Contracts d. Contracts of Adhesion - Answer d. Contracts of Adhesion All of these statements about Equity Indexed Life Insurance are correct EXCEPT a. Cash value has a minimum rate of accumulation b. If the gain on the index goes beyond the policy's minimum rate of return, the cash value will mirror that of the index c. The premiums can ...

TENNESSEE LIFE AND HEALTH INSURANCE LIFE INSURANCE PORTION STATE EXAM QUESTIONS AND ANSWERS 2024

Tennessee Life and Health Insurance Life Insurance Portion State Exam Simulator Exam Set Prepared Solution Questions And Revised Correct Answers PASSED!! In a Life insurance contract, an insurance company's promise to pay stated benefits is called the - ANSWER : Insuring Clause All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas - ANSWER : C An employee with $25,000 group term life coverag...

C. 30 - ans The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. Business entity - ans A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker B. 18 - ans An individua...

Final Exam - Tennessee Life and Health Questions and Answers Already Graded A Insurance policies are offered on a "take it or leave it" basis, which make them a. Conditional Contracts b. Aleatory Contracts c. Unilateral Contracts d. Contracts of Adhesion d. Contracts of Adhesion All of these statements about Equity Indexed Life Insurance are correct EXCEPT a. Cash value has a minimum rate of accumulation b. If the gain on the index goes beyond the policy's minimum rate of return, the c...

Tennessee Life and Health Insurance Exam Study Guide Rated A+ The Commissioner must provide a person subject to an investigation a copy of the complaint which initiated the investigation within _______ days of receiving the complaint. A. 14 B. 21 C. 30 D. 31 C. 30 A corporation, association , partnership, limited liability company, limited liability partnership, or other legal entity is a : A. Limited lines producer B. Insurance producer C. Business entity D. Insurance broker C. Business...

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