Life + Health insurance Test| 60 questions| with complete solutions

Document Content and Description Below

4 Correct Answer: A Licensed broker who participates in a national insurance association may get, from the Commissioner, how many continuing education credits? Producer, with the applicant's initi... als Correct Answer: Who is allowed to make changes to the application? The average age of the group Correct Answer: All of the following are ways in which a Major Medical policy premium is determined EXCEPT Errors and Omissions Correct Answer: What type of insurance protects producers when they are sued for professional negligence in their duties and are sued by insureds as a result? Blackout Period Correct Answer: In terms of Social Security, what is the interval spanning between the day when the youngest child of a family turns 16 and before the surviving spouse? 100 Correct Answer: For how many days of skilled nursing facility care will Medicare pay benefits? Executive is the owner and the Executive pays the premium Correct Answer: Who is the owner of the policy and who pays the premium in an Executive Bonus Plan? Industrial life Correct Answer: Ken has a life insurance policy with a face amount of $500. He pays a premium each week to the agent who sold him the policy. What kind of policy? Exemptions periods. Correct Answer: Even though "sickness" is a peril covered by a health insurance policy, coverage may be limited or excluded because of all of the following EXCEPT 75% Correct Answer: The maximum amount than can be contributed to an MSA is what percentage of the family deductible for those with family coverage? It would not occur in a deferred annuity. Correct Answer: Which of the following is NOT true regarding the accumulation period of an annuity? Executive bonus plan Correct Answer: Which of the following is an example of a non-qualified retirement plan? 2 Correct Answer: Every small e [Show More]

Last updated: 1 year ago

Preview 1 out of 5 pages