Texas Life Insurance Exam Study Guide | 340 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 31 Pages

Which of the following is considered a field underwriter? - An agent When must insurable interest exist in life insurance? - Application or issues date If no receipt is issued at the time application, a statement of good health is usually required at the time of - Policy Delivery The Medical Information Bureau is - A source of medical information to alert insurers to adverse medical history A substandard risk compared to a standard risk would pay - A higher premium Which of the following documents describes specific information about policy provisions and benefits? - Policy Summary All the following may have an insurable interest in the insured EXCEPT - Insured's best friend Which of the following would be the main source of underwriting information used by the company in the risk selection process? - Application "90% information comes from the application"