South Carolina Insurance

SOUTH CAROLINA INSURANCE REGULATIONS (SURETY PRODUCER) EXAM

South Carolina Insurance Exam Questions and Answers 100% Verified

South Carolina Insurance Exam 20242025 with 100% correct answers 1. An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? ANS Inflation protection 2. Which of these riders will pay a death benefit if the insured's spouse dies? ANS Family term insurance rider 3. Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered ANS Nonconcellable 4. What is the required action to...

South Carolina Insurance Exam Questions and answers | Latest 2024/25

South Carolina Insurance Exam Questions and Correct Answers 2024 An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? - CORRECT ANSWER-Inflation protection Which of these riders will pay a death benefit if the insured's spouse dies? - CORRECT ANSWER-Family term insurance rider Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - CORRECT ANSWER-Nonconcellable ...

Which of these riders will pay a death benefit if the insured's spouse dies? - ANSWER_Family term insurance rider Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered - ANSWER_Nonconcellable What is the required action to be taken by a South Carolina licensee before operating under an assumed business name? - ANSWER_Notify the Director The suicide clause of a life insurance policy states that if an insured commits suicide...

South Carolina Insurance Exam Questions and answers latest update

REQUIREMENTS - ANSWER 1. Must be 18 years or older 2. Person of good moral character 3. Has paid fees 4. Must have passed exam PRODUCER LICENSE - ANSWER Ground person; out working with people; represents the company NONRESIDENT LICENSE - ANSWER Means you live out of state, and if you want to write a Surety/Civil Bond in different bordered state. TEMPORARY LICENSE - ANSWER Director may issue a ___?_____ Insurance Producer for a period not to exceed 180 days. TERM OF LICENSE - ANSWE...

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