California Life, Accident, and Health Insurance

CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE FINAL EXAM QUESTIONS AND ANSWERS ALREADY PASSED

What is an insurance solicitor authorized to do? - ANSWER-Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? - ANSWER-A contract What does a Hospital Confinement indemnity policy pay for? - ANSWER-Pay a specified daily amount while the insured is confined to a hospital According to the California Insurance Code, how is the word "may" interpreted? - ANSWER-Permissive Which statement is CORRECT when describing a contract of adhes...

Final Exam: California Life, Accident, and Health Insurance 2024 What is considered the most common type of specified disease insurance policy? - Answer️️ - Cancer Minimum participation standards exist for a group health insurance plans in order to - Answer️️ -Prevent Adverse Selection How does underwriting differ between group life and individual life insurance? - Answer️️ - Medical questions must be answered on individual life insurance when handling premiums for an insured...

How does underwriting differ between a group life and individual life insurance? - Medical questions must be answered on individual life insurance In California, and ensure organized under the state laws of Oregon is called a(n) - Foreign insurer The probability of death, listed by year, is demonstrated in - Mortality tables Which of the following statements regarding a life insurance policy dividend is true? - It is the distribution of excess of funds accumulated by the insurer on particip...

FINAL EXAM: CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE VERSION WITH CORRECT ANSWERS

California Life, Accident, and Health Insurance

FINAL EXAM: CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE ACTUAL WITH ALL ANSWERS PERFECTLY ANSWERED

California Life, Accident, and Health Insurance Final Exam Questions and Answers with complete solution What distinguishes a deferred annuity from an immediate annuity? Ans The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? Ans 60 payments What is a common reason people purchase an annuity? Ans To protec...

Final Exam: California Life, Accident, and Health Insurance Already Passed What is an insurance solicitor authorized to do? - Answer ️️ -Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? - Answer ️️ -A contract What does a Hospital Confinement indemnity policy pay for? - Answer ️️ -Pay a specified daily amount while the insured is confined to a hospital According to the California Insurance Code, how is the word "may" i...

What is considered the most common type of specified disease insurance policy? - answer-Cancer Minimum participation standards exist for a group health insurance plans in order to - answer-Prevent Adverse Selection How does underwriting differ between group life and individual life insurance? - answer-Medical questions must be answered on individual life insurance when handling premiums for an insured an agent is acting in which capacity? - answer-Fiduciary wh...