Missouri life accident Study guides, Class notes & Summaries

Refers to the location, or jurisdiction, where an insurer is formed or incorporated. - ANSWER Domicile Which of the following is an insurance company that is organized under the laws of another state within the United States? - ANSWER Foreign The USA Patriot Act was passed as a result of - ANSWER 9/11 Attack Insurable interest must exist at the time of - ANSWER Application The Insured's consideration is the - ANSWER Payment of Premium The Insurer's consideration is the - ANSWER...

Missouri Life Accident and Health Insurance Producer (OP12-MO54)

missouri life accident and health exams accurate

The accelerated death benefit provision in a life insurance policy is also known as a(n): - ANSWER Living benefit. Under an individual health insurance policy, the time limit of certain defenses provision states that nonfraudulent misstatements first become incontestable two years: - ANSWER from the date that the policy was issued. ______ can be defined as "making an unfair comparison of two insurance policies". - ANSWER Misrepresentation. Which entity issues Medicare supplement insur...

Missouri Life and Health Insurance Exam Questions And Answers latest Updated 2024/2025 | 100% Verified. In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? - Answer when the enrollee's life or health is jeapordized The Consideration claus...

Missouri Life and Health Exam Questions And Answers latest Updated 2024/2025 | 100% Correct. In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? - Answer when the enrollee's life or health is jeapordized The Consideration clause in a life...

Missouri Life and Health Exam Questions And Answers latest Updated 2024/2025. In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? - Answer when the enrollee's life or health is jeapordized The Consideration clause in a life insurance contract c...

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A health insurance policy application may ONLY be altered with the written consent of the -ANSWER Applicant All of these statements concerning a licensee's responsibility for premiums received are true EXCEPT -ANSWER The licensee shall hold them in a fiduciary capacity before transmitting them to the insurance company In order to terminate a producer's appointment, the insurer MUST -ANSWER Send a notice of the termination to the Director Health insurance plans that cover physical ther...

Missouri Life and Health Insurance State Exam Questions & Answers(rated A)The accelerated death benefit provision in a life insurance policy is also known as a(n): -ANSWER Living benefit. Under an individual health insurance policy, the time limit of certain defenses provision states that nonfraudulent misstatements first become incontestable two years: -ANSWER from the date that the policy was issued. ______ can be defined as "making an unfair comparison of two insurance policies". -ANS...