Study guides, Class notes & Summaries

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

Connecticut Producer's Examination for Life/Accident and Health Insurance Exam With Complete Solutions Licensing Process - Correct Answer 1) Be 18 years or older 2) Be a U.S. citizen or a legally admitted alien 3) Complete all educational requirements 4)Pass exam 5) Be a legal resident at the time of application 6) Satisfy the Commission as to honesty, trustworthiness, integrity, and competency. Honesty, trustworthiness, and integrity will be established by the background check on the in...

CT Life and Health State Exam Simulator with complete solutions 2024/2025 After a life insurance policy has been in force for more than _____ years the policy is considered incontestable. - Correct Answer 2 Years An accident and health insurance policy's premium requirements are set forth in which of the following provisions? - Correct Answer Consideration Clause Which of these would NOT be a valid reason to add the waiver of premium rider to a life insurance policy? - Correct Answer...

Health insurance test study guide Exam Questions with complete solutions Health insurance: - Correct Answer Made up of third party payer assumes most health care costs. Medicare - Correct Answer Government funded for 65+, disabilities, and ESRD (end-stage renal disease) Medicare (Part A) - Correct Answer Inpatient care in hospitals, nursing facilities, and some home health. Medicare (Part B) - Correct Answer Optional coverage Medicare: DRG (Diagnosis-related grouping) - Correct Answer ...

Connecticut Life and Health Insurance Exam questions with complete solutions 2024/2025 A producer has indicated to a potential client that the proposed life insurance is covered by the Connecticut Life and Health Insurance Guaranty Association. This action taken by the producer is - Correct Answer "Prohibited by law". Pointing out to a prospective client that the life insurance policy you are presenting is covered by the Connecticut Life and Health Guaranty Association is prohibited by law. ...

CT Life & Health Insurance Exam Questions with correct answer 2024/2025 Laura added a children's rider to her life insurance policy. What type of coverage was added? - Correct Answer Level term With life insurance, the needs approach is used primarily in determining - Correct Answer How much life insurance a client should apply for A(n) __________ is a licensee who charges a fee for contracted insurance advisory services. - Correct Answer Consultant Jonas is covered with disability...

Which annuity payout option allows the policy owner to choose a pre-determined number of benefit payments? - correct ans----Period Certain Which annuity payout option has no additional payouts regardless of when the annuitant dies - correct ans----Life only annuity a professional liability for which producers can be sued for mistakes of putting a policy into effect - correct ans----Errors and Omissions requires the beneficiary's signature for any change to the beneficiary - cor...