Kentucky Insurance Pre-licensure Study Questions |100% Correct Answers|

Kentucky Insurance Pre-licensure Study Questions |100% Correct Answers| 10 days *Ans* Pete recently purchased a whole life policy. How long does he have as a freelook period? 10 days *Ans* When the commissioner holds an administrative hearing how many days notice must be given? canceling a term life policy to buy a whole life policy *Ans* An example of replacement is 15 *Ans* In Kentucky what is the legal age to contract for insurance or annuities? Churning *Ans* In Kentucky what is the term for replacing policies for the sole purpose of making commissions? Twisting *Ans* The inducement of an insured to lapse, forfeit, or surrender an insurance policy by misrepresentation or misleading comparisons, in order to write a new policy, is known as: Renew the policy *Ans* Under a health benefit plan, which of the following actions may an insurer properly take on the basis of a genetic test for wh