Exam (elaborations)
NJ Accident And Health Producer Exam Question & Correct Answer ()
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NJ Accident And Health Producer Exam Question & Correct Answer () According to the Time Payment of Claims provision, the insurer must make the payment immediately after receiving proof of loss EXCEPT: - if the insured is able to eventually return to work -if the death is suicide or due to a pre existing condition -when the policy is in the incontestability period -for claims involving periodic payments - CORRECT ANSWER-for claims involving periodic payments INSURERS MUST PAY LUMP SUM CLAIMS IMMEDIATELY AFTER RECEIVING PROOF OF LOSS
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- Nj
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- May 28, 2024
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- Written in
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nj accident and health producer exam question c
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according to the time payment of claims provision
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what does coinsurance mean
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the life insurance policy will not be truly effect
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