CT Life and Health Exam Terms State Law
ACTUAL QUESTIONS AND CORRECT
ANSWERS
Rebating - CORRECT ANSWERS States that a producer who offers
something of value to an applicant for insurance that is not specified in nor part
of the policy, as an inducement to the applicant to purchase such coverage, or
offers to share commission with the applicant or policyholder has engaged in
this
Misrepresentation - CORRECT ANSWERS This unfair practice
involves a producer who misrepresents the terms, benefits, conditions or
coverage provided by a policy in order to persuade an applicant to purchase it.
Defamation - CORRECT ANSWERS Any person or insurer that makes,
publishes, disseminates or circulates any oral or written statements which are
false or malicious critical of or derogatory to the financial condition of any
person or insurer and which are designed to injure that person or insurer.
Controlled Business - CORRECT ANSWERS States that the holder of
an insurance license may not use it principally in order to sell on an owners own
life or that of one's family, employer or employees. My be doing this if 10% of
annual commission are derived from this.
Boycott, Coercion, and Intimidation - CORRECT ANSWERS This is
may result or tends to result in the unreasonable restraint of or monopoly in the
business of insurance. Ex can not tell applicant they can only get life insurance
if they get health as well.
Twisting - CORRECT ANSWERS Shall not make or issue any written
or oral statements misrepresenting or making incomplete comparisons about the
terms, conditions, or benefits contained in any policy for the purpose of
ACTUAL QUESTIONS AND CORRECT
ANSWERS
Rebating - CORRECT ANSWERS States that a producer who offers
something of value to an applicant for insurance that is not specified in nor part
of the policy, as an inducement to the applicant to purchase such coverage, or
offers to share commission with the applicant or policyholder has engaged in
this
Misrepresentation - CORRECT ANSWERS This unfair practice
involves a producer who misrepresents the terms, benefits, conditions or
coverage provided by a policy in order to persuade an applicant to purchase it.
Defamation - CORRECT ANSWERS Any person or insurer that makes,
publishes, disseminates or circulates any oral or written statements which are
false or malicious critical of or derogatory to the financial condition of any
person or insurer and which are designed to injure that person or insurer.
Controlled Business - CORRECT ANSWERS States that the holder of
an insurance license may not use it principally in order to sell on an owners own
life or that of one's family, employer or employees. My be doing this if 10% of
annual commission are derived from this.
Boycott, Coercion, and Intimidation - CORRECT ANSWERS This is
may result or tends to result in the unreasonable restraint of or monopoly in the
business of insurance. Ex can not tell applicant they can only get life insurance
if they get health as well.
Twisting - CORRECT ANSWERS Shall not make or issue any written
or oral statements misrepresenting or making incomplete comparisons about the
terms, conditions, or benefits contained in any policy for the purpose of
