Insurance license exam Study guides, Class notes & Summaries
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![INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+](/docpics/4291841/65ad67ce89913_4291841_121_171.jpeg)
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INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+
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INDIANA LIFE AND HEALTH RULES AND REGULATIONS EXAM (2023/2024) RATED A+ Insurance Commissioner • Appointment by Governor • Member of NAIC 
Insurance commissioner Duties responsible for overseeing the Department of Insurance, which regulates insurance companies operating in Indiana. works to promote improvements to insurance laws and the enforcement of said laws in Indiana.[ 
Certificate of Authority Licensed companies receive a _______________________________ to conduct the business of insur...
![MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+.](/docpics/3524786/651697547b654_3524786_121_171.jpeg)
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MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+.
- Exam (elaborations) • 17 pages • 2023
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MICHIGAN LIFE AND 
HEALTH FINAL EXAM / 80+ 
QUESTIONS AND CORRECT 
ANSWERS 2023/2024 / 
GRADED A+. 
Final Exam-Michigan Life and Health 
1. What amount will be paid under a policy where the insured misstated his/her 
age?: an amount the premium would have purchased at the correct age 
2. the acceptance of a credit life application requires the submission of a 
certificate of insurance to the insured within_____ days: 30 days 
3. which of these is considered to be a Living benefit option in a lif...
![Texas Principles of Real Estate 1 Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update](/docpics/3386625/64f8c3f0ea1b8_3386625_121_171.jpeg)
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Texas Principles of Real Estate 1 Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update
- Exam (elaborations) • 36 pages • 2023
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Texas Principles of Real Estate 1 Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update 
 
Q: An insurance policy protecting against a variety of hazards is referred to as a...? 
 
Homestead Policy 
Individual Policy 
Homeowners Policy 
Package Policy 
 
 
Answer: 
Homeowners Policy 
 
 
 
Q: Which of the following is an advantage to owning a home...? 
 
Tax benefits 
Pride of ownership 
Potential for asset appreciation 
All of the above 
 
 
Answer: 
All of the Above 
 
 
 
Q: ...
![PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023](/docpics/63e4d50d41065_2353097.jpg)
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
- Exam (elaborations) • 42 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM 
WITH 100% CORRECT ANSWERS 2023 
An insured purchased an insurance policy 5 years ago. Last year, she received a 
dividend check from the insurance company that was not taxable. This year, she did not 
receive a check from the insurer. From what type of insurer did the insured purchase 
the policy? 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - Correct answer-A. mutual 
funds not paid out after paying claims and other operating costs are re...
![Mastery Exam, Car Sales Test Colorado Exam | 257 Questions and Verified Answers (GRADED A) (LATEST UPDATE 2024 GRADED A+.](/docpics/4571891/65d74bac46558_4571891_121_171.jpeg)
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Mastery Exam, Car Sales Test Colorado Exam | 257 Questions and Verified Answers (GRADED A) (LATEST UPDATE 2024 GRADED A+.
- Exam (elaborations) • 51 pages • 2024
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Mastery Exam, Car Sales Test Colorado Exam | 257 Questions and Verified Answers (GRADED A) (LATEST UPDATE 2024 GRADED A+. 
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked 
or suspended on any of the following grounds except: 
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle 
According to colorado law, which of the following must be licensed as a motor vehicle dealer 
and or powersports dealer? 
d) All of the above ...
![Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED)](/docpics/4336970/65b389efbc404_4336970_121_171.jpeg)
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Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED)
- Exam (elaborations) • 50 pages • 2024
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Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED) The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked 
or suspended on any of the following grounds except: 
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle 
According to colorado law, which of the following must be licensed as a motor vehicle dealer 
and or powersports dealer? 
d) All of the above 
Colorado Lemon law covers: 
c)...
![Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)](/docpics/3108295/64bafc2a8f449_3108295_121_171.jpeg)
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Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)
- Exam (elaborations) • 20 pages • 2023
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Primerica Life Insurance Exam: 2023/ 2024 
New Update (Questions and 100% Verified 
Answers) 
1. A married couple owns a permanent policy which covers both of their lives and pays the 
benefit only upon the death of the first insured. Which policy is that? 
A. Survivorship Life Policy 
B. Second-to-Die 
C. Family income policy 
D. Joint life policy 
 Answer: D. Joint life policy 
 
 
 
 
 
2. An annuity owner is funding an annuity that will supplement her retirement. Because she 
does not...
![U.S. Forces Drivers Training Program for Europe Final Exam 2 He Questions and Answers 100% Correct](/docpics/4277591/65ab018c841e3_4277591_121_171.jpeg)
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U.S. Forces Drivers Training Program for Europe Final Exam 2 He Questions and Answers 100% Correct
- Exam (elaborations) • 37 pages • 2024
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U.S. Forces Drivers Training Program 
for Europe Final Exam 2 He Questions 
and Answers 100% Correct 
For registration purposes, the insurance policy cannot substitute for the insurance confirmation 
card as proof of automobile insurance under German law and U.S. Forces regulations. (para 
33e(3)) 
a. True. 
b. False. True 
License plates issued to drivers by the Registry of Motor Vehicles automatically become the 
driver's property. (para 33c(1)(a)) 
a. True. 
b. False. False 
The driver...
![State Farm Insurance License Exam Latest 2024](/docpics/4696564/65eaf5a19c133_4696564_121_171.jpeg)
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State Farm Insurance License Exam Latest 2024
- Exam (elaborations) • 23 pages • 2024
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State Farm Insurance License Exam Latest 2024 
 
State Farm Insurance License Exam Latest 2024 
 
State Farm Insurance License Exam Latest 2024
![PA Property and Casualty exam 2024 with 100% correct answers](/docpics/4869678/6607103b62aa9_4869678_121_171.jpeg)
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PA Property and Casualty exam 2024 with 100% correct answers
- Exam (elaborations) • 32 pages • 2024
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What is the purpose of licensing? - correct answer Reinforces the purpose of insurance regulation - that the public is treated fairly and equitably by those who sell and distribute insurance. 
 
Licensing prerequisites - correct answer 24 credit hours of study in approved course (must have 3hrs ethics). Once your certificate is obtained you have 1yr to pass your exam followed by 1yr to have your license issued. *Passing does not guarantee you will get your license. 
 
What are the qualifications...
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