Michigan insurance Samenvattingen, Aantekeningen en Examens
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MICHIGAN LIFE AND HEALTH FINAL EXAM / 80+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+.
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MICHIGAN LIFE AND 
HEALTH FINAL EXAM / 80+ 
QUESTIONS AND CORRECT 
ANSWERS 2023/2024 / 
GRADED A+. 
Final Exam-Michigan Life and Health 
1. What amount will be paid under a policy where the insured misstated his/her 
age?: an amount the premium would have purchased at the correct age 
2. the acceptance of a credit life application requires the submission of a 
certificate of insurance to the insured within_____ days: 30 days 
3. which of these is considered to be a Living benefit option in a lif...
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Michigan Life Insurance State Exam | 150 Questions and Answers 100% Correct
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Michigan Life Insurance State Exam | 150 Questions and Answers 100% Correct
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Michigan Life Insurance State Exam Questions and Answers 2024 Correctly done
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Michigan Life Insurance State Exam Questions and Answers 2024 Correctly done
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Michigan Credit Insurance Producer Study Guide with Verified Solutions | Latest 2024/2025
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Producer ️ licensed person who has the authority to sell, solicit, or 
negotiate insurance contracts 
Who has permission to cancel the license? ️ the commissioner 
Agent ️ person or corporation authorized to solicit insurance, collect 
premiums & transact insurance business on behalf of an insurance 
company 
Producer is appointed by who ️ appointed by the agent to represent the 
insurer & an insurer can cancel the appointment of agent 
DIFS ️ Dept of Insurance and Financial Services, ...
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Michigan Insurance Test | 170 Questions with Verified Answers | Latest 2024/2025
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All of the following are functions of an insuring clause EXCEPT 
a. States the conditions under which the policy will pay 
b. Outlines the kind of benefits provided 
c. Primarily describes the free-look period 
d. Provides the policy's scope and limits of coverage ️ c. Primarily 
describes the free-look period 
The policyholder for a group health benefit plan is considered to be the 
a. Employee 
b. Employer 
c. Liaison 
d. Insurer ️ b. Employer 
Matt is applying for life insurance and requ...
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Final Exam-Michigan Life and Health Questions and Answers Already Passed
- Tentamen (uitwerkingen) • 40 pagina's • 2024
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Final Exam-Michigan Life and Health 
Questions and Answers Already Passed 
 
What amount will be paid under a policy where the insured misstated his/her age? an amount 
the premium would have purchased at the correct age 
 
the acceptance of a credit life application requires the submission of a certificate of insurance to 
the insured within_____ days 30 days 
 
which of these is considered to be a Living benefit option in a life insurance policy 
Accelerated death benefit 
 
loans obtained by ...
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Michigan life insurance state exam answer key Correct 100%
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Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 
 
1. The annuitant has the right to name the beneficiary 
 
2. The annuitant is the person paying the premiums 
 
3. The cash value is available to the annuitant for withdrawals 
 
4. Annuity payments will be based on the annuitants life expectancy - ANSWER Annuity payments will be based on the annuitants life expectancy 
 
Signing an applicants name for insurance is known as...? 
1. Concealment 
 
2. Defamation...
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Michigan State Title Insurance Exam Questions With Complete Solutions
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Michigan State Title Insurance Exam Questions With Complete Solutions
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Michigan P & C Insurance Exam Test Question and answers already passed 2023/2024
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Michigan P & C Insurance Exam Test Question and answers already passed 2023/2024 
Termination of Insurance for auto and home must be sent to last know address no later than - correct answer 30 days before cancellation 
 
Termination of casualty insurance cannot take place until- from the mailing date - correct answer 10 days 
 
PIP in auto insurance covers individual care from a family member for - correct answer a limit of $20 a day for three years 
 
limited collision - correct answer shall pa...
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Michigan Insurance Test | 170 Questions and Answers 100% Correct
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Michigan Insurance Test | 170 Questions and Answers 100% Correct
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