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When the commissioner determines that a licensee has violated the regulations of the
Mississippi insurance Code, the commissioners first response is likely to be
(a) issue a cease and desist order
(b) issue an arrest warrant
(c) revocation of that license
(d) issue a restraining order
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, (a) issue a cease and desist order
which of the following types of risk will result in the highest premium?
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substandard risk
what is the benefit of choosing an extended term as a non-forfeiture option?
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it has the highest amount of insurance protection
the validity of coverage under a live insurance policy may not be contested except
for nonpayment of premium, after the policy has been enforced for at least how many
years?
Give this one a try later!
two years
Insurance policies are not drawn up through negotiations, and an insured has little to
say about its provisions. What contract characteristics does this describe?
When the commissioner determines that a licensee has violated the regulations of the
Mississippi insurance Code, the commissioners first response is likely to be
(a) issue a cease and desist order
(b) issue an arrest warrant
(c) revocation of that license
(d) issue a restraining order
Give this one a try later!
, (a) issue a cease and desist order
which of the following types of risk will result in the highest premium?
Give this one a try later!
substandard risk
what is the benefit of choosing an extended term as a non-forfeiture option?
Give this one a try later!
it has the highest amount of insurance protection
the validity of coverage under a live insurance policy may not be contested except
for nonpayment of premium, after the policy has been enforced for at least how many
years?
Give this one a try later!
two years
Insurance policies are not drawn up through negotiations, and an insured has little to
say about its provisions. What contract characteristics does this describe?
