Washington Laws and Rules(2024 Latest Update)Accurate 100%(RATED A+)

The Grace Period for an accident and health (disability) policy where the premiums are paid monthly is - ANSWER 10 days Newborn coverage for an accident and health (disability) family policy begins - ANSWER at the moment of birth Misrepresentation - ANSWER A licensee who informs an insured of inaccurate terms, benefits, or advantages of any policy is committing which of the following violations? Bronze, Silver, Gold, Platinum - ANSWER How are health plans classified according to the Affordable Care Act? moment of birth - ANSWER All accident and health (disabilitly) plans that provide coverage to family members of the insured, must provide coverage for the insured's newborn child starting at Long-term care insurance - ANSWER is designed to provide coverage for at least 12 consecutive months. Alien - ANSWER A company that is charted and organized in any country other than the United States is called a(n)_________ company. Guaranty - ANSWER The Washington Life and Health _________Association is used to rehabilitate insolvent insurers 2 years - ANSWER A life insurance policy becomes incontestable after it has been in force for A Policy Summary and Buyer's Guide - ANSWER An agent who sells an individual life insurance policy in MUST deliver to the policyowner The required grace period for life insurance policy in Washington is - ANSWER 30 days Which of the following basics is a producer's fiduciary responsibility ? - ANSWER Collecting premiums and paying them to the insurance company. What provision states that the policy and the application shall constitute the entire contract between the parties? - ANSWER Entire contract A