questions i got wrong

Group conversion option within

31 days

under the uniform required provisions, proof of loss under a health insurance policy normally should be filed within

90 days of a loss

Which universal life option has a gradually increasing cash value and a level death benefit?

Option A

What is the purpose of establishing the target premium for a universal life policy?

To keep the policy in force

if a policy includes a free-look period of at least 10 days, the Buyer's Guide may be delivered to the applicant no later than

With the policy

irrevocable

permanent unless changed with the beneficiarys consent

Revocable

you can change them at any time if you are the owner

How long is the right to examine period for new individual annuities issued in this state?

10 days

If a viatical settlement provider transfers ownership of an insurance policy, how long does the insurer have to inform the insured of the change?

20 days

Violation of unfair discrimination law may result in all of the following penalites EXCEPT

Fines of up to $1,000 for each act

Which of the following is correct concerning the taxation of premiums in a key-person life insurance policy?

Premium are NOT tax deductible as a business expense

Which of the following services would be covered by endodontics

Root canal

An application for viatical settlement provider license must be submitting to which of the following

The Insurance Department

Another name for a substandard risk classification is

Rated

Which of the following will vary the length of the grace period in health insurance policies?

The mode of the premium payment

If an insured continually uses the automatic premium loan option to pay the policy premium

The policy will TERMINATE when the cash value is reduced to nothing

In the event the key employee quits or is terminated, what provision allows the policyowner to transfer covoerage to the replacement employee, provided the new employee provides evidence of insurability

change of insured

Blank powers are written into the contract between insurer and agent

express authority