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which of the following life insurance policies combine term insurance with an
investment element?
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Universal Life
A business overhead expense policy :
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covers business expenses such as rent and utilities
Which of the following actions require a policy owner to provide proof of insurability
in an Adjustable Life Policy?
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increase face amount
Which of the following is considered to be the time period after the Health Policy is
issued, during which no benefits are provided for illness?
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Probationary Period
K has a health policy that must be renewed by the insurer and the premiums can only
be increased if applied to the entire class of insureds. This type of policy is considered
Give this one a try later!
guaranteed renewable
, At what time must a policyowner have insurable interest on the insured in order for
the life policy to be valid?
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At the time of application.
The policy provision that entitles the insurer to establish conditions the insured must
meet while a claim is pending is:
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Time Limit of Certain Defenses
A major medical policy typically contains a provision that requires the insurer to pay
only part of the loss, when the balance is paid by the insured. This provision is called :
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Coinsurance
When an employee is required to pay a portion of the premium for an
employer/employee group health plan, the employee is covered under which of the
following plans?
Give this one a try later!
which of the following life insurance policies combine term insurance with an
investment element?
Give this one a try later!
Universal Life
A business overhead expense policy :
,Give this one a try later!
covers business expenses such as rent and utilities
Which of the following actions require a policy owner to provide proof of insurability
in an Adjustable Life Policy?
Give this one a try later!
increase face amount
Which of the following is considered to be the time period after the Health Policy is
issued, during which no benefits are provided for illness?
Give this one a try later!
Probationary Period
K has a health policy that must be renewed by the insurer and the premiums can only
be increased if applied to the entire class of insureds. This type of policy is considered
Give this one a try later!
guaranteed renewable
, At what time must a policyowner have insurable interest on the insured in order for
the life policy to be valid?
Give this one a try later!
At the time of application.
The policy provision that entitles the insurer to establish conditions the insured must
meet while a claim is pending is:
Give this one a try later!
Time Limit of Certain Defenses
A major medical policy typically contains a provision that requires the insurer to pay
only part of the loss, when the balance is paid by the insured. This provision is called :
Give this one a try later!
Coinsurance
When an employee is required to pay a portion of the premium for an
employer/employee group health plan, the employee is covered under which of the
following plans?
Give this one a try later!
