Within what time period after completing prelicensing education must an applicant file a certificate of education completion with the Commissioner? His wife dies 10 years later. What is the minimum required age for an insurance producer in this state? Is a program that assesses and reports information about various computer resources and devices. B An offer to share in commissions generated by the sale. B Twisting Added 30 days ago|10/30/2021 2:46:29 PM. In order for an insurer to legally transact insurance, it must obtain what? A Provide opinions concerning benefits, coverage, terms, and advantages and disadvantages of a policy or annuity WINDOWPANE is the live-streaming app for sharing your life as it happens, without filters, editing, or anything fake. all of the following would be considered rebating except. Categories . Formula: (Ann . Which of the following best describes this practice? What are the classifications of net assets reported in the statement of financial position by private colleges? Which nonforfeiture option provides coverage for the longest period of time? Charge a level annual premium throughout the insured's lifetime and provide a level, guaranteed death benefit. What is the purpose of a free-look period in insurance policies? A 7 days Explaining to client the advantages of permanent insurance over term and suggesting changing policies. In which of the following situations is it legal to limit coverage based on marital status? Within how many days of requesting an an investigative consumer report must an (insurer) notify the consumer in writing that the report will be obtained? What is the purpose of a disclosure statement in life insurance policies? Which of the following documents must be provided to the policyowner or applicant during policy replacement? Two individuals are in the same risk and age class; yet, they are charged different rates for their insurance policies due to an insignificant factor. B Criminal offense Which of the following individuals could qualify for a temporary insurance license? Before the Director will issue a license, a person must meet all of the following qualifications EXCEPT a. C Defamation. A copy of the notice to the Commissioner must be sent to the producer in question within 15 days. The Insurance Department regulations are to protect the insurance-buying public. What is true about beneficiary designations? All of the following acts are considered unfair trade - Course Hero Rebating is defined as any inducement offered to the insured in the sale of insurance products that is not specified in the policy. 1.Reasonable expectations 2.Subrogation 3.Ambiguities in a contract of adhesion 4.Utmost good faith - answerSubrogation There are various optional provision for health policies.

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