State (Exam Questions And 100% Correct Answers) Simulator : 200 Questions

Which of the following is a syndicate established by a group of insurers to share underwriting duties? {Ans: Lloyde's Organization}In Nebraska, qualified long-term care plans require each of the following EXCEPT {Ans: At least 3 days of prior hospitalization}Which life insurance policy would be eligible to include an automatic premium loan provision? {Ans: Whole Life}An insurer operating in the U.S. but headquartered outside the U.S. is {Ans: Alien Insurer}Some standard Medicare Supplement policies include which benefit? {Ans: vison care}K is an agent who takes an application for individual life insurance and accepts a check from the client. He submits the application and check to the insurance company, however the check was never signed by the applicant. If the application is approved, when will coverage be effective? {Ans: The date the agent delivered the policy, collected the initial premium, and obtained a good health statement from the insured}