MN life insurance
To sell the variable the agent must pass? -Correct Answer ✔ ✔ Life
license and Security license
When the producer license is expiring day? -Correct Answer ✔ ✔
you birthday or October 31
The insured is take out the life insurance policy and the insured is
suicide himself 13 mounts later, what is the insurance company will
do for this? -Correct Answer ✔ ✔ no liable
How long is the temporary license? -Correct Answer ✔ ✔ 18
months
Refunding part of the commission, premium, services, or anything of
value to the purchaser as an inducement to buy insurance covered? -
Correct Answer ✔ ✔ Rebating
,The purposes of the insured concerning about silicate the insurer
become insolvency and the Guaranty Association? -Correct Answer ✔
✔ To be bankruptcy
What is the insured becomes totally disability? -Correct Answer ✔
✔ Waiver of premiums
The producer submit the first application to the insurer, how long it
takes place? -Correct Answer ✔ ✔ 15 days
Which type of life insurances policy is the first die and last survivor? -
Correct Answer ✔ ✔ Survivor Ship
Which of the following that the consumer reports included written,
oral, and other forms of communication that consumer reporting
agency has regarding consumers' credit, character, reputation, or
habits? -Correct Answer ✔ ✔ Consumer report
The protection life policy that pay the death benefit to the last person
died. -Correct Answer ✔ ✔ Survivor ship Life policy
, When can an applicant and the policy owner require to sign the
application? -Correct Answer ✔ ✔ When the policy owner is
someone other than the applicant.
The commission of commerce may not issue the license -Correct
Answer ✔ ✔ Fail to meet a court order for child support
The commission of commerce may deny or revoke a producer license -
Correct Answer ✔ ✔ Pay dammed on or death benefit that are
belong to the beneficiary
If the term life insurance is renewable, the policyholder is purchasing
the right to renew the policy -Correct Answer ✔ ✔ without proof
of insurability
A producer needs a securities registration/license in order to sell
which of the following annuities? -Correct Answer ✔ ✔ Variable
A producer must include their name and address on which of the
following? -Correct Answer ✔ ✔ A policy summary
To sell the variable the agent must pass? -Correct Answer ✔ ✔ Life
license and Security license
When the producer license is expiring day? -Correct Answer ✔ ✔
you birthday or October 31
The insured is take out the life insurance policy and the insured is
suicide himself 13 mounts later, what is the insurance company will
do for this? -Correct Answer ✔ ✔ no liable
How long is the temporary license? -Correct Answer ✔ ✔ 18
months
Refunding part of the commission, premium, services, or anything of
value to the purchaser as an inducement to buy insurance covered? -
Correct Answer ✔ ✔ Rebating
,The purposes of the insured concerning about silicate the insurer
become insolvency and the Guaranty Association? -Correct Answer ✔
✔ To be bankruptcy
What is the insured becomes totally disability? -Correct Answer ✔
✔ Waiver of premiums
The producer submit the first application to the insurer, how long it
takes place? -Correct Answer ✔ ✔ 15 days
Which type of life insurances policy is the first die and last survivor? -
Correct Answer ✔ ✔ Survivor Ship
Which of the following that the consumer reports included written,
oral, and other forms of communication that consumer reporting
agency has regarding consumers' credit, character, reputation, or
habits? -Correct Answer ✔ ✔ Consumer report
The protection life policy that pay the death benefit to the last person
died. -Correct Answer ✔ ✔ Survivor ship Life policy
, When can an applicant and the policy owner require to sign the
application? -Correct Answer ✔ ✔ When the policy owner is
someone other than the applicant.
The commission of commerce may not issue the license -Correct
Answer ✔ ✔ Fail to meet a court order for child support
The commission of commerce may deny or revoke a producer license -
Correct Answer ✔ ✔ Pay dammed on or death benefit that are
belong to the beneficiary
If the term life insurance is renewable, the policyholder is purchasing
the right to renew the policy -Correct Answer ✔ ✔ without proof
of insurability
A producer needs a securities registration/license in order to sell
which of the following annuities? -Correct Answer ✔ ✔ Variable
A producer must include their name and address on which of the
following? -Correct Answer ✔ ✔ A policy summary
