Montana Life Insurance Study guides, Class notes & Summaries

Rates must be filed with the commissioner of insurance ______ days before a form is used Answer - 60 days The commissioner must examine an insurer at least every ____ years? Answer - 5 years Guaranty Association Answer - A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide direct life and disability insurance policies or annuity contracts are required to be members. Minimum age to obtain a p...

Montana Life Insurance Exam 2024 Questions and Answers 100% Correct Rates must be filed with the commissioner of insurance ______ days before a form is used - Answer- 60 days The commissioner must examine an insurer at least every ____ years? - Answer- 5 years Guaranty Association - Answer- A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide direct life and disability insurance policies or a...

Montana life and health final exam questions and answers Which of the following is true about most blue cross blue shield organizations? - Answer- They are non profit organizations Which of the following is not included in hospitalization expense coverage - Answer- Surgical fees A policy of adhesion may only be modified by who? - Answer- The insurance company Which of the following is not included in an annuity contract? - Answer- AD&D rider An insurer must provide an insured with claim ...

Montana Life Insurance Examination Actual Questions With Revised Correct Answers & Updated Already Passed Rates must be filed with the commissioner of insurance ______ days before a form is used - ANSWER : 60 days The commissioner must examine an insurer at least every ____ years? - ANSWER : 5 years Guaranty Association - ANSWER : A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide...

Montana life and health final exam questions and answers Which of the following is true about most blue cross blue shield organizations? - Answer- They are non profit organizations Which of the following is not included in hospitalization expense coverage - Answer- Surgical fees A policy of adhesion may only be modified by who? - Answer- The insurance company Which of the following is not included in an annuity contract? - Answer- AD&D rider An insurer must provide an insured with claim ...

Montana Life Insurance Exam 2024 Questions and Answers 100% Correct Rates must be filed with the commissioner of insurance ______ days before a form is used - Answer- 60 days The commissioner must examine an insurer at least every ____ years? - Answer- 5 years Guaranty Association - Answer- A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide direct life and disability insurance policies or a...

Montana Life Insurance Exam 2024 Questions and Answers 100% Correct Rates must be filed with the commissioner of insurance ______ days before a form is used - Answer- 60 days The commissioner must examine an insurer at least every ____ years? - Answer- 5 years Guaranty Association - Answer- A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide direct life and disability insurance policies or a...

Montana life and health final exam questions and answers Which of the following is true about most blue cross blue shield organizations? - Answer- They are non profit organizations Which of the following is not included in hospitalization expense coverage - Answer- Surgical fees A policy of adhesion may only be modified by who? - Answer- The insurance company Which of the following is not included in an annuity contract? - Answer- AD&D rider An insurer must provide an insured with claim ...

Montana Life Insurance Exam 2024 Quizzes & All Correct Ans..

Rates must be filed with the commissioner of insurance ______ days before a form is used - 60 days The commissioner must examine an insurer at least every ____ years? - 5 years Guaranty Association - A state mandated association of all insurance companies designed to protect consumers from impaired or insolvent companies. All insurers that provide direct life and disability insurance policies or annuity contracts are required to be members. Minimum age to obtain a producer's license: - 18 ...