Exam simulator Indiana life and health insurance state exam simulator with 100% correct answers(latest update)

A(n)—— annuity pays benefits based on units rather than stay the dollar amounts Variable In Indiana what is the maximum percentage of controlled business a producer may produce over 12 month. 25% Bryce purchased a disability income policy with a rider that guarantees him the option of purchasing additional amount of coverage at predetermined times without requiring to provide evidence of insurability what kind of rider is this Guaranteed insurability Rider What is the initial source of underwriting for an insurance policy Application containing statements from the insured Which of the following life insurance policies combine Turman Sherance with an investment element Universal life Which of these provisions is not required an individual life insurance policy sold in Indiana Extended term A physician opens up a new practice and qualifies for a $7,000/month Disability Income policy. What rider would the physician add if he wants the ability to increase his policy benefit as his practice and income grow? Guaranteed Insurability Option rider Just issued a life insurance policy with the death benefit of $100,000 she paid $600 per year in premium for the first five years the premium that increases to 900 per year in the six year and remains level there after the policies death benefit also made about $100,000 which type of life insurance policy is this Modified premium life Statements made on insurance application that I believe to be true to the best of the applicants knowledge or called Representations Insurance company that has qualified and received a certificate of authority Department of insurance to sell insurance in the state of is considered to be in Admitted When third-party ownership is involved applicants who also happens to be the stated primary beneficiary required to have Insurable interest in the proposed insured Medicare part ANB do not pay for Dental work Who is normally considered to be the owner of a 403B tax sheltered annuity The employee According to Indiana law group life insurance conversion privileges must not Require evidence of insurability Which of the following is a standard provision of the conversion privileges in a group life policy Group Life coverage can be converted to an individual policy at regular rates on an attained-age basis A long-term care policy sold in Indiana must provide benefits for a minimum of 12 months Under an individual health insurance policy the time limit of certain defense is provision states the non-fraudulent misstatements first become incontestable two years From the date that the policy was issued Insurance may request a hearing within if their policies rejected 20 days Life insurance replacement regulation protect the interest of The policy owner What type of life insurance our credit policy is issued as Term Hey Disability elimination period is best described as a Time deductible How long does the coverage normally were made on a limited pay life policy Age hundred The provision that defines to whom the insurer will pay benefits to is called Payment of Claims