Mississippi Life and Health Insurance PACKAGE DEAL ALREADY GRADED A+

Which of the following is an insurance company that is organized under the laws of a different state within the United States? - Foreign protects the consumer's right to the privacy of credit and financial information, ensuring that all collected data is confidential, accurate, relevant and prop...

Absolute assignment - Policy assignment under which the assignee (person to whom the policy is assigned) receives full control over the policy and also full rights to its benefits. Generally, when a policy is assigned to secure a debt, the owner retains all rights in the policy in excess of the ...

Which of these do NOT constitute policy delivery? - Policy issued with a rating Which of these types of life insurance allows the policyowner to have level premiums and to also choose from a selection of investment options? - Variable Life J, an Accidental Death and Dismemberment (AD&D) policy ho...

Accident - An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance - A type of insurance that protects the insured against loss due to accidental bodily injury Accidental Death and Dismemberment - An insurance policy which pays a specified amount or a ...

A business overhead expense policy : - covers business expenses such as rent and utilities A provision in a life insurance policy that pays the policy owner an amount that does not surpass the guaranteed cash value is called the : - Policy loan provision After and insured gives notice of loss wha...

1. private insurers 2. government insurers - 2 types of entities providing insurance today 1. stock insurance companies 2. mutual insurance companies - the 2 largest types of commercial insurance companies Stock insurance companies - owned by stockholders, these companies dividends, when declare...

The Commissioner of Insurance in Mississippi is elected to office for a term of - 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on - The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is - $10...

Which of the following parties must provide an insured with proper disclosure concerning the replacment of an insurance policy? - The producer who sells the new insurance policy Defamation is BEST described as publishing or circulating which of the following types of material? - Brochures falsely...