Az life insurance - Study guides, Class notes & Summaries

Insurance Exam AZ #1333 Latest Update 2024 Rated A An insurer must keep advertising materials and records for at least how many years? - Correct Answer 3 The insurance coverage in a variable life insurance policy may vary based on the value of - Correct Answer the underlying investments When is it acceptable to charge or receive a fee or service charge in addition to the premium in connection with the transaction of insurance? - Correct Answer If the amount of the fee or service charge i...

Arizona Life Insurance Exam - Insurance Regulations Latest 2024 Graded A Cease and Desist To stop or discontinue Coercion Forceful act or threat aimed to influence a person to act against his or her will Commission Payment to the agent by the insurance company for placing insurance, usually a percentage of the policy premium Director The head of the state Department of Insurance Exempt Not subject to an obligation Home State A state in which an insurer is organized and has its main place of...

Primerica - Life Insurance Policies (AZ) Questions and Complete Solutions Graded A+

Primerica - Life Insurance Basics (Az) With Complete Solutions 100% 2024Primerica - Life Insurance Basics (Az) With Complete Solutions 100% 2024

Primerica - Life Insurance Basics (AZ) questions and answers 100% guaranteed success. All of the following are duties and responsibilities of producers at the time of application EXCEPT A - Change any incorrect statement on the application by personally initialing next to the corrected statement. B - Explain the nature and type of any receipt the producer is giving to the applicant. C - Probe beyond the stated questions if the producer feels the applicant is misrepres...

Primerica - Life Insurance Basics (AZ) Exam Questions and Answers

Arizona Life Insurance Exam - General Insurance Questions and Answers Already Passed Agent/Producer Legal representative of an insurance company (classification of producer usually includes agents and brokers, agents are the agents of the insurer) Applicant (proposed insured) Person applying for insurance Broker Insurance producer not appointed by an insurer and is deemed to represent the client Insurance Policy Contract between a policyowner (and/or insured) and an insurance company which ag...

Primerica - Life Insurance Basics (AZ) Exam Questions With Verified Answers All of the following are duties and responsibilities of producers at the time of application EXCEPT A - Change any incorrect statement on the application by personally initialing next to the corrected statement. B - Explain the nature and type of any receipt the producer is giving to the applicant. C - Probe beyond the stated questions if the producer feels the applicant is misrepresenting or concealing informati...

Arizona Life Insurance Exam - Insurance Regulations Verified Answers Cease and Desist To stop or discontinue Coercion Forceful act or threat aimed to influence a person to act against his or her will Commission Payment to the agent by the insurance company for placing insurance, usually a percentage of the policy premium Director The head of the state Department of Insurance Exempt Not subject to an obligation Home State A state in which an insurer is organized and has its main pl...

Insurance Exam AZ #1333 Solutions Rated A An insurer must keep advertising materials and records for at least how many years? 3 The insurance coverage in a variable life insurance policy may vary based on the value of the underlying investments When is it acceptable to charge or receive a fee or service charge in addition to the premium in connection with the transaction of insurance? If the amount of the fee or service charge is reasonably related to the cost of the service. The d...