Connecticut Life and Health Final Exam Questions And Answers

Connecticut Life and Health Final Exam Questions And Answers Someone who is licensed to negotiate a life settlement contract is called a - ANS-Life settlement broker Chris has a single major medical contract which covers all medical expenses. His plan is considered to be - ANS-comprehensive What typically changes at the re-entry option date found in some life insurance policies? - ANS-Premium - a re-entry option gives the insured the opportunity to provide evidence of insurability at the end of the term to qualify to renew the policy at a lower premium In Connecticut, continuing education courses must be approved by the - ANS-Commissioner After a life insurance policy has been in effect for _____ year(s), it becomes incontestable. - ANS-2 Which of the following must clearly be illustrated in all sales material for market value adjusted annuities? 1. The market value adjustment must always be approved by the commissioner 2. The market value adjustment is always downward 3. The market value adjustment is always upwards 4. The market value adjustment can be either upward or downward - ANS-4. The market value adjustment can be either upward or downward According to the Pregnancy Discrimination Act of 1978, employers must treat a pregnancy in the same manner as - ANS- Continues...