Connecticut life and health exam with |\ |\ |\ |\ |\ |\
answers
An agent's authority to bind an insurer to an insurance contract
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
may be granted in the - CORRECT ANSWERS ✔✔agent's contract
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
and the insurance company's appointment
|\ |\ |\ |\
Which of these statements regarding the extended term
|\ |\ |\ |\ |\ |\ |\ |\
insurance nonforfeiture option in a life policy is accurate? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔The premium to purchase the coverage
|\ |\ |\ |\ |\ |\ |\ |\
comes from the policy's cash value
|\ |\ |\ |\ |\
Which of theses is not a standard provision in qualified long-term
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
care policies sold in Connecticut? - CORRECT ANSWERS ✔✔Prior
|\ |\ |\ |\ |\ |\ |\ |\ |\
hospitalization
A family counseling benefit is typically offered under which of
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
these coverages? - CORRECT ANSWERS ✔✔hospice care
|\ |\ |\ |\ |\ |\
An insured's statement of a policy's benefits which is to be used
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
in marketing materials is called a - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔Testimony
Tina is insured under a business overhead expense insurance
|\ |\ |\ |\ |\ |\ |\ |\ |\
policy. Which of the following would be covered if she were to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
become disabled? - CORRECT ANSWERS ✔✔Business property
|\ |\ |\ |\ |\ |\ |\
rental expense |\
, An annuitant is paid $495 per month until the contract value is
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
exhausted at some undetermined date in the future. Which type |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
of annuity payout option is this? - CORRECT ANSWERS ✔✔Fixed
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
amount
Which of the following is true regarding a person receiving a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
waiver of premium benefit? - CORRECT ANSWERS ✔✔The insured
|\ |\ |\ |\ |\ |\ |\ |\
must be disabled for a period of time
|\ |\ |\ |\ |\ |\ |\ |\
Elimination periods typically apply to - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\
✔✔Disability policies |\
What could be the potential result of taking out a cash value loan
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
under a life insurance policy? - CORRECT ANSWERS ✔✔Reduces
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the amount receivable upon surrender of the contract
|\ |\ |\ |\ |\ |\ |\
Laura has an employer-based preventative health care plan that
|\ |\ |\ |\ |\ |\ |\ |\ |\
focuses on an enrollee's problems, such as drug abuse or stress.
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
These plans are called - CORRECT ANSWERS ✔✔wellness
|\ |\ |\ |\ |\ |\ |\ |\
programs
How long do most states allow an insurance company to delay
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the payment of a cash surrender under the Delayed Payment
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
provision? - CORRECT ANSWERS ✔✔6 months |\ |\ |\ |\ |\
Non-occasional disability coverage is designed for - CORRECT |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔Employees who suffer non-work related disabilities,|\ |\ |\ |\ |\ |\ |\
answers
An agent's authority to bind an insurer to an insurance contract
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
may be granted in the - CORRECT ANSWERS ✔✔agent's contract
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
and the insurance company's appointment
|\ |\ |\ |\
Which of these statements regarding the extended term
|\ |\ |\ |\ |\ |\ |\ |\
insurance nonforfeiture option in a life policy is accurate? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔The premium to purchase the coverage
|\ |\ |\ |\ |\ |\ |\ |\
comes from the policy's cash value
|\ |\ |\ |\ |\
Which of theses is not a standard provision in qualified long-term
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
care policies sold in Connecticut? - CORRECT ANSWERS ✔✔Prior
|\ |\ |\ |\ |\ |\ |\ |\ |\
hospitalization
A family counseling benefit is typically offered under which of
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
these coverages? - CORRECT ANSWERS ✔✔hospice care
|\ |\ |\ |\ |\ |\
An insured's statement of a policy's benefits which is to be used
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
in marketing materials is called a - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔Testimony
Tina is insured under a business overhead expense insurance
|\ |\ |\ |\ |\ |\ |\ |\ |\
policy. Which of the following would be covered if she were to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
become disabled? - CORRECT ANSWERS ✔✔Business property
|\ |\ |\ |\ |\ |\ |\
rental expense |\
, An annuitant is paid $495 per month until the contract value is
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
exhausted at some undetermined date in the future. Which type |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
of annuity payout option is this? - CORRECT ANSWERS ✔✔Fixed
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
amount
Which of the following is true regarding a person receiving a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
waiver of premium benefit? - CORRECT ANSWERS ✔✔The insured
|\ |\ |\ |\ |\ |\ |\ |\
must be disabled for a period of time
|\ |\ |\ |\ |\ |\ |\ |\
Elimination periods typically apply to - CORRECT ANSWERS |\ |\ |\ |\ |\ |\ |\ |\
✔✔Disability policies |\
What could be the potential result of taking out a cash value loan
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
under a life insurance policy? - CORRECT ANSWERS ✔✔Reduces
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the amount receivable upon surrender of the contract
|\ |\ |\ |\ |\ |\ |\
Laura has an employer-based preventative health care plan that
|\ |\ |\ |\ |\ |\ |\ |\ |\
focuses on an enrollee's problems, such as drug abuse or stress.
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
These plans are called - CORRECT ANSWERS ✔✔wellness
|\ |\ |\ |\ |\ |\ |\ |\
programs
How long do most states allow an insurance company to delay
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the payment of a cash surrender under the Delayed Payment
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
provision? - CORRECT ANSWERS ✔✔6 months |\ |\ |\ |\ |\
Non-occasional disability coverage is designed for - CORRECT |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔Employees who suffer non-work related disabilities,|\ |\ |\ |\ |\ |\ |\
