CONNECTICUT LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS

What is the purpose of the Connecticut Life and Health Insurance Guaranty Association? - correct answer Protects policyowners against insolvent insurance companies If an employer decides to cancel a group life insurance plan, it must give at least --- days notice to the employees prior to the date of cancellation or discontinuation. - correct answer 15 Rebating is - correct answer an illegal practice in Connecticut G purchased a Family Income policy at age 40. The policy has a 20-year rider period. If G were to die at age 50, how long would G's family receive income? - correct answer 10 years Which provision prevents an insurer from changing the terms of the contract with the policyowner by referring to documents not found within the policy itself? - correct answer Entire Contract provision A statement made by an insured in an insurance application that must be true to the best of one's knowledge and w