NC Life Insurance Samenvattingen, Aantekeningen en Examens
Op zoek naar een samenvatting over NC Life Insurance? Op deze pagina vind je 382 samenvattingen over NC Life Insurance.
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NC Life Insurance Study Test Questions and Answers Graded A+
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NC Life Insurance Study Test Questions and Answers Graded A+ 
The Family Plan Insurance Policy usually consists of: 
whole life insurance on the family head and term insurance on other family members 
 
 
A Jumping Juvenile Policy: 
automatically increases the face amount at a given age 
 
 
Excess interest credited under an index-linked method would pay interest in relation to: 
an external economic indicator 
 
 
Under a straight life annuity, an income is payable by the company: 
only so long...
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NC LIFE insurance state exam questions and answers 100% pass
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NC LIFE insurance state exam questions and answers 100% pass 
CREDIT LIFE 
a special type of coverage written to the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. 
 
 
BUY-SELL AGREEMENTS 
a legal contract that determines what will be done with a business in the event that an owner dies or becomes disabled. Otherwise known as a business continuation agreement 
 
 
INSURABLE INTEREST 
to purchase insurance the policy owner must face the possibility ...
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NC Life insurance state exam study guideline already graded A+
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NC Life insurance state exam study guideline already graded A+ 
Term Insurance 
Used for Temporary Situations. Net cost highest in the long run. Premiums goes up every year based on current (attained)age. 
 
 
Term Insurance 
Expire's at a certain age/Time in the future. May be renewable up to a certain age or date with out a phyical Exam. 
 
 
Level Term Insurance 
Term insurance can be Renewed annually. Has a level Face Amount at renewal, Premiums goes up. Can be purchased for a Year or as o...
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NC Life Insurance Practice Exam Questions and Answers Already Passed
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NC Life Insurance Practice Exam Questions and Answers Already Passed 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. 
c) Writing North Carolina ...
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NC Life Insurance Exam Prep Questions and Answers Already Passed
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NC Life Insurance Exam Prep Questions and Answers Already Passed 
An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner 
A policy summary and buyer's guide 
 
 
All of the following actions are considered rebating EXCEPT 
Sharing commissions with other licensed and appointed agents 
 
 
What benefit does the Payor Clause on a Juvenile Life Policy provide? 
Premiums are waived if payor becomes disabled 
 
 
An agent who signs a blank contract application or...
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NC Life Insurance Bundled Exams Questions and Answers 100% Verified and Updated | Graded A
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NC Life Insurance Bundled Exams Questions and Answers 100% Verified and Updated | Graded A
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NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers
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NC Medicare Supplement & Long Term 
Care Insurance Licensing Exam 
Questions and Answers 
Medicare - Answer- Health insurance for those over age 65, people under 65 with 
certain disabilities & those with ESRD (end stage renal disease - permanent kidney 
failure requiring dialysis or kidney transplant) 
CMS - Answer- Centers for Medicare and Medicaid Services administers the Medicare 
program. Social Security Administration handles most of the enrollment & plays a role in 
claims appeal process....
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NC Life Exam Simulation Exam Questions and Answers
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NC Life Exam Simulation Exam 
Questions and Answers 
Which of the following actions require a policyowner to provide proof of insurability in an 
Adjustable Life policy? - Answer- ANSWER: increase face amount 
2. If the Commissioner of insurance finds that a licensed person has used fraudulent, 
coercive, or dishonest practices or has proved to be incompetent, untrustworthy, or 
financially irresponsible, the law allows the Commissioner to - Answer- ANSWER: 
suspend, revoke, or refuse to renew t...
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NC Life Insurance Practice Exam Questions and Answer
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NC Life Insurance Practice Exam 
Questions and Answer 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance 
law is not the Insurance Commissioner's responsibility, but enforcing the law is. - 
Answer- c) Writing North Carolina insura...
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Medicare, Medicaide, LTC NC Insurance Exam Questions and Answers 100% Pass
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Medicare, Medicaide, LTC NC Insurance Exam 
Questions and Answers 100% Pass 
Federal Program - Answer- Medicare is a federal health insurance program. Part of the 
Social Security program, Medicare is run by the Centers for Medicare & Medicaid 
Services of the Department of Health and Human Services. Private firms contract with 
the federal government to handle the paperwork, review claims, and disburse claim 
payments. 
Medicare Part A - Answer- Designed primarily to provide hospital insurance ...
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