life law
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The required grace period for life insurance
1 month
regarding replacement the right to exam ( free look) period is ____ days
20 days
Policy records must be maintained for ____ years.
3
reinstatement period for life insurance is within ___ years
3
For annuity producers they must complete a one time ___ hour course
4 hour
For annuity producers records of transactions must be kept for at least __ years
5
Replacing insurers must keep copies of notice regarding replacement the policy summary and ledgar statements for ___ years
5
A signed notice regarding replacement sent to an existing insurer within __ days
5 days
Death claim settlement must be made within ___ months
60 days 2 months
Dividends if any have to begin by the end of ___ policy year
third