Tennessee Life and Health Insurance Life Insurance Portion State Exam Simulator Exam Set Prepared Solution Questions And Revised Correct Answers PASSED!!

Tennessee Life and Health Insurance Life Insurance Portion State Exam Simulator Exam Set Prepared Solution Questions And Revised Correct Answers PASSED!! In a Life insurance contract, an insurance company's promise to pay stated benefits is called the - ANSWER : Insuring Clause All of these are powers of the Commissioner except A. Hold hearings B. Enforce insurance laws C. Incarcerate a producer D. Issue subpoenas - ANSWER : C An employee with $25,000 group term life coverage was recently fired. This employee's group coverage may be converted to a - ANSWER : $25,000 individual whole life policy The amount of monthly disablility benefits payable under social security is affected by which of the following factors? A. Insured's tax bracket B. Amount of the benefits available from other sources C. Nature of the Disability D. Insured's education level - ANSWER : B A __________ rider may be used to include coverage for children under their parents' life insurance policy - ANSWER : Term What group term life feature permits an individual to depart from the group and continue to be covered without providing evidence of insurability? - ANSWER : Conversion Which of the following types of policies pays a benefit if the insured goes blind? A. Universal life B. AD&D C. Endowment D. Adjustable life - ANSWER : B