Options and riders 2 - Study guides, Class notes & Summaries

MSF Rider Coach prep Questions With 100% Answers Total Number of Sections in BRC Rider Handbook - ANSWER- 16 4 Sections in Rider handbook not covered in e-course - ANSWER- 12(Select topics), 13(Key Safety Concepts), 14(Knowledge Test), 15(Next Steps) Two turning strategies - ANSWER- BASIC - SLOW, LOOK, PRESS, ROLL OVERALL - SEARCH, SETUP, SMOOTH Example used to illustrate use of the windchill chart - ANSWER- 40 degrees outside temperature @55 MPH = 25 degrees on exposed skin. ...

Life and Health Certification Exam Which of the following types of insurance riders is not based on term life insurance? - Waiver of premium At what point after the effective date of an accident and health insurance policy does it become incontestable? - 2 years All of the following groups may contract with PPOs exctpt - Government programs under a long-term care insurance policy, the level of care that is mainly necessary for the purpose of meeting daily living requirements is ca...

Florida 2-15 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ In a 3 partner cross-purchase plan, how many policies need to be purchased in order to protect each partner against the loss of any other partner? - Answer -6 According to the NAIC Life Insurance Solicitation Model, when soliciting life insurance, a producer is required to provide a prospect with a ______ and a _______ specific to the product being marketed. - Answer -general buyer's guide; policy...

Fundamentals of Insurance BC questions and answers graded A+ What is the major function of insurance? - ANSWERS to allow the spread of risk What are the five important functions of insurance? - ANSWERS 1) insurance is the shifting of financial responsibility for a loss 2) payment will be made only in the event of an insured risk 3) the amount of payment is restricted to the amount required to indemnify the insured 4) insurance covers losses the object may be exposed to 5) the indemnit...

In a 3 partner cross-purchase plan, how many policies need to be purchased in order to protect each partner against the loss of any other partner? - Answer 6 According to the NAIC Life Insurance Solicitation Model, when soliciting life insurance, a producer is required to provide a prospect with a ______ and a _______ specific to the product being marketed. - Answer general buyer's guide; policy summary The Incontestable Clause states that the insurer cannot contest the validity of ...

New MSF RC Pre Study Exam|Complete Questions and Answers 1. Note the total number of sections. 16 2. Which 4 sections of the Rider Handbook are not addressed in the MSF Basic eCourse? 12,13,14,15 4. Name the 2 turning strategies (one basic: one an overall strategy). SLOW, LOOK, PRESS, ROLL. SEARCH-SETUP-SMOOTH 5. Note the example used to illustrate use of the wind chill chart. 40 DEGREES OUTSIDE TEMP@55 MPH=25 DEGREES ON EXPOSED SKIN 6. Define rider character. ONE WH...

PRIMERICA LIFE INSURANCE EXAM. All Most Examined Questions Bank with answers. 100% verified. Rated A. An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - A. mutual funds not paid out after paying claims ...

Life and Health Insurance License (Maryland) All Answers Correct "Maximum benefits" refers to the ️upper limit of the total lifetime benefits the insurance company will pay 1033 Waiver ️a personal convicted of a felony may apply for a ____ to transact insurance business. A clause that allows an insurer the right to terminate coverage at any anniversary date is called a(n) ️optional renewability clause A disability elimination period is best described as a ️time deductible A di...

Questions 1-43, Chapter 1: Completing the Application, Underwriting, and Delivering the Policy Questions 44-105, Chapter 2: Types of Policies Questions 106-149, Chapter 3: Policy Riders, Provisions, Options, and Exclusions Questions 150-184, Chapter 4: Taxes, Retirement, and Other Insurance Concepts Questions 185-218 , Chapter 5: Tennessee Laws and Departmental Rules Common to All Lines What is the purpose of the agent's report during the application process? correct answer: The age...

In a 3 partner cross-purchase plan, how many policies need to be purchased in order to protect each partner against the loss of any other partner? correct answers6 According to the NAIC Life Insurance Solicitation Model, when soliciting life insurance, a producer is required to provide a prospect with a ______ and a _______ specific to the product being marketed. correct answersgeneral buyer's guide; policy summary The Incontestable Clause states that the insurer cannot contest the validi...