Sc life health insurance - Study guides, Class notes & Summaries

South Carolina Health Accident and Life Insurance Test Chapter 1 & 2 Already Passed What are the minimum requirements to a licensed producer in South Carolina? Be 18 years old, good morale character, not been convicted of a felony, pay required licensing fees, pass state exam What documentation is requested by the SC Department of Insurance to process your application? SC DOI application, SLED criminal background check, exam status report How does a producer become an agent? By g...

Life, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct Life, Accident, and Health Insurance Exam (SC)Questions and Answers 100% Correct What are the minimum requirements to become a licensed producer in South Carolina? -ANSWERS- at least 18 years old - good moral character - clean SLED background check - passed LAH exam - completed DOI registration application and paid fee What documentation is requested by the SC Department of Insurance to process your app...

SC Accident. Health, and Life Insurance Exam Questions and answers latest update

SC Life Insurance Exam Questions & Answers 100% accurate! The balance of the loan will be taken out of the death benefit - ANSWERSIf a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? Inspection Report - ANSWERSAn insurer receives a report regarding potential insured that includes financial status, hobbies, and habits. What type of report is that? Spendthrift Clause - ANSWERSThe clause that protects the proceeds of a life insurance po...

SC life insurance exam study set Questions & Answers 100% Verified accurate! An insurer will accept a premium from the insured and continue theicoverage in full force as though it was NOT late during which time period? Incontestable period Probation period Reinstatement period Grace period - ANSWERSGrace period A person who is a nonsmoker, of average weight, and in excellent health would most likely be in which risk classification? Standard Substandard Acceptable Preferred ...

SC Life, Accident, Health accurate 100% Reciprocal Agreement -ANSWER Two states allowing for non resident license What two brokers dont need a license -ANSWER Surplus and Excess Fine for selling ins without license? -ANSWER $10,000 Who examines foreign and alien insurers? -ANSWER Regulatory authority What is the biennial appointment fee? -ANSWER $40 What is the application fee? -ANSWER $25 What is Section 1034? -ANSWER Authorizes the attorney general to provide civil and c...

Low quality Main Content (MC) charateristics - ️️Unsatisfying amount of main content DIstracting or disrupting or misleading ads and supplementary content Negative reputation Lacking of E-A-T Your Money Your Life (YMYL) Pages - ️️-Shopping or financial transaction pages: webpages which allow users to make purchases, transfer money, pay bills, etc. online (such as online stores and online banking pages). -Financial information pages: webpages which provide advice or information ab...

SC Life Insurance ExamThe balance of the loan will be taken out of the death benefit - correct answer If a policy has a automatic loan provision, what happens if the insured dies before the loan is paid back? Inspection Report - correct answer An insurer receives a report regarding potential insured that includes financial status, hobbies, and habits. What type of report is that? Spendthrift Clause - correct answer The clause that protects the proceeds of a life insurance policy from credi...

NASCLA Business Law and Managment EXAM SC Questions with Correct Answers Sole Proprietorship - answera business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - answerBusiness organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - answerCorporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are s...

SC Health, Life, Accident Insurance Exam