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Exam (elaborations)

Arizona Life and Health Final Exam 2025

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Arizona Life and Health Final Exam 2025

Institution
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Institution
Course

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Uploaded on
April 2, 2025
Number of pages
30
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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The purpose of the Benfit payments and overinsurance
'No loss No Gain'
provision is to avoid
duplication of _____
and _____ when an
individual is covered
under multiple group
health insurance
plans:



A life insurance 2 years
policy can usually
be contested by the
insurer only during
the first ____ years
of the contract




After an annuity has 2 years
been in force for
____ years, it
becomes
incontestable



In long term care Benefit period
insurance, what is
the length of time for
which claims will be
paid

,After an insurance Is the major personal contact to the
application has insured
been originated, the
producer normally



What happens to a Policy will no longer be in force
life insurance policy
when the policy loan
balance exceeds
the cash value




The ACA must Providers
ensure a sufficient
choice of ______ in
the marketplace



Which of the Employer contributions are deductible
following statements
BEST describes
employer
contributions for
employer provided
health insurance

, An annuity's Continue after the purchase payments stop
accumulation period
may



Which of these is Determining the final rate classification
NOT an
underwriting
responsibility of a
life insurance agent



What happens to Reduced
the death benefit of
a life insurance
policy if the insured
elects a partial
payment from the
accelerated (living)
benefit provision



Mike applied for life Date of issuance of the conditional receipt
insurance and was
issued a conditional
receipt. He is later
found to be
insurable and is
issued a policy.
When does his
coverage become
effective?

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