A person has an insurable interest in?
When an agent accepts an insureds payment, he is acting as a ?
In order for a contract to be a binding agreement, there must be ?
An agent accepts premium payment from applicants and e deposits them...
What type of plan pays benefits directly to the providers of the...
What is the insuring clause?
An agent obtains an application from his prospect and forwards the...
When an insurance company issues a life insurance policy, where would...
All of the following would be costs associated with death, except?
Two people are equal owners in a business. They wish to protect their...
In order to be eligible for Retirement Benefits under Social Security...
A high salaried executive is about to receive a $25,000.00 bonus from...
What is the name of the Consumer publication that describes the type...
In a business situation, a corporation applies for an insurance policy...
A Buy-Sell Agreement is best described as?
The definition of Fiduciary is someone who?
In which of the following scenarios could one pay an extra premium to...
The results of an M.I.B. report if coverage is denied, may be reported...
Three business partners enter in to a Cross- Purchase buy/sell...
A company wanting to do business in Georgia must
An agent's contract does not expressly grant him the authority to...
If benefits from a hospital expense policy are paid to the insured, it...
What type of company is able to pass on its losses to its insureds?
The Supreme Court stated that the Federal Government had the right to...
The law of Large Numbers can best be described as?
A person applied for insurance and paid initial premium at the time of...
Which policy would build Cash Value the fastest?
The period of time after a widow no longer receives survivor's...
An applicant for life insurance has an immediate need for life...
Policy delivery means delivery to :
The majority of insurance in a family policy s usually on the
The insurance commissioner can issue a license for any of the...
Which life insurance policy provision states that the insured has 30...
Which of the following is an example of a Limited-Pay policy?
In a Family Policy, coverage consists of Whole Life on the breadwinner...
The insurance commissioner is required to examine a domestic insurer...
What part of the Family Maintenance Policy finances the income...
How often are rating organizations examined?
An applicant wants to purchase a policy on himself and have an income...
When are penalties applied and when is it considered late to withdraw...
In an insurance contract the consideration from the applicant consists...
Insurable interest must be evident?
A statement made by the applicant that he believes to be true is?
What is a guarantee in an insurance contract?
Under a "Key Person" life insurance policy, who receives the death...
What is the minimum participation requirement for a Contributory Group...
Retirement benefits through Social Security are available if the...
What best described Old Age Survivors and Disability Insurance...
The Fair Credit Reporting Act does all of the following, except?
Who does the applicant contact in referent to Negative information on...
The right to choose the beneficiary is given to the?
A Florida insurance company transacting insurance in Georgia would be...
What type of insurer may charge policyholders additional premiums if...
What is the least expensive method of premium payment?
The refusal of the insurer to pay a policy clam due to death incurred...
In the event that an insurance company should happen to become...
What is the term use to describe a party intentionally and voluntary...
What mode of premium payment on a policy would usually not incur any...
Important information that assists the Company Underwriter in...
In a Stock Company, all of the following are true, EXCEPT?
Whole Life and Limited Payment Whole Life policies are the same,...
A Net Premium consists of :
What type of policy would be best suited for a man who wanted to save...
A family maintenance policy provides level term insurance benefits...
Payor benefit is best described as?
The terms of the Fair Credit Reporting Act prohibits a consumer...
A person attempting to obtain information about another person and...
An insurance institution or agent must provide a notice of information...
The accounting measure used by insurance companies to cover the...
All of the following are true concerning insurable interest, except?
Which of the following is Not an example of Third Party Ownerships?
In a life insurance contract, consideration from the applicant...
If an insured has a terminal illness and is expected to die within a...
In a Group Health Insurance Policy, who hold the master policy?
X bought a disability policy with a benefit of $1000.00/mo. It pays...
The Fair Credit Reporting Act does all of the following except?
What appears on the policy face?
All of the following are true about Insurable Interest in life...
All of the following are used to determine the extra Rate for...
An applicant for life insurance paid an initial premium and was issued...
A person bought a Whole Life policy many years ago with a Death...
What is the best type of insurance coverage to insure a mortgage?
The benefit in a juvenile policy that would waive premiums should the...
What type of policy protects the entire family with death benefits?
All of the following statements are true of a Family Maintenance...
The Fair Credit Reporting Act does NOT apply?
If an insured has a terminal illness and is expected to die within a...
How long must advertising files be kept by the insurer?
An insurance company able to do business in the state Georgia is said...
An insurance company headquartered in Canada is conduction business in...
A premium payment is usually part of what element?
Returning a policyholder to the same economic position prior to a loss...
Each of the following could be valid consideration for formation of a...
What is the name of unincorporated groups of people providing...
What is the term used to describe that a part may be precluded from...
Due to poor health of an applicant, who is still insurable, which...
A person who is hired and trained by one company to sell this...
Which of the following would not be a factor in determining a person's...
Facultative reinsurance is negotiated on?
A type of insurer that is chartered in another country in known as ?