TEXAS ESTHETICIAN > EXAM > Texas Life Insurance Exam 2 (Latest 2023-2024) A++ Exam with All New Qs & As - Guaranteed Pass! (All)

Texas Life Insurance Exam 2 (Latest 2023-2024) A++ Exam with All New Qs & As - Guaranteed Pass!

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1. Who is considered a field underwriter? Answer: An agent 2. When must insurable interest exist in life insurance? Answer: Application or issuedate 3. If no receipt is issued at the time of appli... cation, a statement of good healthis usually required at the time of? Answer: Policy delivery 4. The Medical Information Bureau is?(MIB) Answer: a source of medical information toalert insurers to adverse medical history 5. A substandard risk compared to a standard risk would pay? Answer: a higherpremium 6. Which document describes specific information about policy provisionsand benefits? Answer: Policy summary 7. Does not have an insurable interest? Answer: Insured's best friend 8. What is the main source of underwriting information used by the companyin the risk selection process? Answer: Application 9. An insured submits the full premium along with a completed application,and the policy is issued 10 days later. When does the coverage begin? Answer: On the date of application 10. What is the main responsibility of a company's underwriting unit? Answer: Riskselection and classification [Show More]

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