Missouri Life and Health Insurance State Exam Questions and Answers 100% Solved

Missouri Life and Health Insurance State Exam Questions and Answers 100% Solved The accelerated death benefit provision in a life insurance policy is also known as a(n):️️Living benefit. Under an individual health insurance policy, the time limit of certain defenses provision states that nonfraudulent misstatements first become incontestable two years:️️from the date that the policy was issued. ______ can be defined as "making an unfair comparison of two insurance policies".️️Misrepresentation. Which entity issues Medicare supplement insurance?️️Insurance companies. The combination of whole life and ____ term life insurance is referred to as a family income policy.️️Decreasing. All of these are characteristics of an Adjustable Life policy EXCEPT:️️Face amount can be adjusted using policy dividends. What is the MAXIMUM fixed interest rate for life insurance policy loans?️️8% With Disability Income insurance, an insurance company may limit the monthly benefit amount a prospective policy holder may obtain because of the insured's:️️Gross income at the time of purchase.