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MICHIGAN LIFE, ACCIDENT, AND HEALTH EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+

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The Commissioner of Insurance is appointed by the Governor for a term of Correct Answer: 4 years All of the following are examples of insurance transactions except: A. soliciting applications for insurance B. delivering policies C. licensing of producers D. collecting premiums Correct Answer: Correct answer: C - licensing of producers A temporary license issued to close the affairs of a deceased producer may be issued for up to _____ days at the discretion of the Commissioner Correct Answer: 180 days Continuing Education (CE) ______ hours of CE every two years ______ hours must be in Ethics ______ day grace period to complete CE 2 Correct Answer: 24 total hours every two years 3 hours in ethics 90 day grace period

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Institution
MICHIGAN LIFE
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MICHIGAN LIFE

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Uploaded on
April 11, 2024
Number of pages
38
Written in
2023/2024
Type
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Questions & answers

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