Tennessee health exam - Study guides, Class notes & Summaries

TENNESSEE LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS 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 - correct 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 r...

TENNESSEE LIFE AND HEALTH INSURANCE LIFE EXAM 2024 WITH 100% CORRECT ANSWERS Insuring Clause - correct answer In a Life insurance contract, an insurance company's promise to pay stated benefits is called the C - correct answer All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas $25,000 individual whole life policy - correct answer An employee with $25,000 group term life coverage was recently f...

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

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What is required for insurance applicants for an insurer who are required to pass a written exam? complete a pre-licensing course of study, pass a background check, obtain license What is correct about the life and health guaranty association? it is to protect policyholders when an insurance company becomes insolvent. Brainpower Read More Moving from one state to another, a producer must file a change of address within how many days? 30 days Which of the following acts by a...

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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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