An applicant must m - Study guides, Class notes & Summaries

Xcel Testing Solutions (Life & Health) Final 150 Question Practice Exam with Verified Solutions When can a policy owner change a revocable beneficiary? Anytime M purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the beneficiary designation at anytime. What type of beneficiary is his son? Revocable How would a contingent beneficiary receive the policy proceeds in an Accidental Death and Dismemberment (AD&D) po...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - ANSWER The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - ANSWER The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Health Insurance Florida 2-40 Practice Exam Questions 1 QUESTIONS AND ANSWERS| GRADED A Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Correct Answer: Fair Credit Reporting Act (Insurance Information and Privacy Protect...

XCEL Life Underwriting & Annuities Questions and Answers Already Passed Which of the following statement is CORRECT about an agent who is taking an insurance application? The agent should have the applicant initial any changes made on the application Agent J takes an application and initial premium from an applicant and sends the application and premium check to the insurance company. The insurance company returns the check back to J because the check is made out to J instead of the insurance ...

Insuring Which health policy clause specifies the amount of benefits to be paid - Answer-Insuring The investment gains from a universal life policy usually go to - Answer-The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - Answer-Adjust the death benefit to a reduced amount An employee is covered under a company group life plan with a $50,000 death ...

NC MPJE Practice Questions and Answers Graded A+ How frequently are NC pharmacists' licenses renewed? Every year on December 31st (60 day grace period) How many attempts does an applicant have to pass the NAPLEX? 5 (must pass NAPLEX and MPJE within a 2-year calendar period from the date of the first passing score) Which of the following actions is the NCBOP NOT permitted to make on a license? A. Letter of reprimand B. Suspend license C. Revoke license D. Pay fine D. Pay fine...

When can a policy owner change a revocable beneficiary? - Answer-Anytime M purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the beneficiary designation at anytime. What type of beneficiary is his son? - Answer-Revocable How would a contingent beneficiary receive the policy proceeds in an Accidental Death and Dismemberment (AD&D) policy? - Answer-If the primary beneficiary dies before the insured What is the underly...

Gene got Medicare before he turned 65 and enrolled into a Medicare Advantage plan. He calls in February the month before his 65th birthday and is unhappy with his current plan. On the date of the call, what can Gene do about his coverage? On the day he called, he can enroll in a different Medicare Advantage plan with an effective date of March 1. Mrs. Violet asks agent Bob where she can find the Star Rating for the plan he has been presenting. Which statement is correct? Mrs. Violet can...

your license must be in your... Ans:state of residence license classes Ans:class C: allowed to drive any vehicle under 26,000 lbs and any self propelled or towed vehicle - most cars and light trucks class D: an instructional permit class E: allowed to drive any combo of vehicles 26,001 lbs or more (also all vehicles in class C and F) - applicant must have a class C class F: allowed to drive any vehicle 26,001 lbs or more - applicant must have a class C class M: motorcycles ...