TexasHealthandLifeInsuranceExamFX

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TexasHealthandLifeInsuranceExamFX Questions&Answers 1.

• ToAllowtheconsumertocomparethecostsofdifferentpolicies
• Toprovidethenameandaddressoftheagent.
• tolistallpolicyriders.
• Toprovideinformationaboutthepolicy.

Answer 2.smallamountofpremiumforalargeamountofriskonthepartofthe insurancecompany?AAdhesion BSubrogation CWarrantyDAleatory Answer Texas Health and Life Insurance ExamFX.pdffile:///C:/Users/HP/Desktop/New%20folder/Texas%20Health%20and%...

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3.AItisgivenbytheagentonlytoapplicantswhofullyprepayallscheduled premiumsinadvanceofpolicyissue.BItisintendedtoprovidecoverageonadateearlierthanthedateofthe issuanceofthepolicy.CItguaranteestheapplicantthatapolicywillbeissuedintheamountappliedfor intheapplication.DItservesasproofthattheagenthasdeterminedtheapplicanttobefully insurableforcoveragebytheinsurancecompany.Answer issuanceofthepolicy.

4.AThepromisetopaycoveredlosses BTheapplicationgiventoaprospectiveinsured CSomethingofvalueexchangedbetweenparties Texas Health and Life Insurance ExamFX.pdffile:///C:/Users/HP/Desktop/New%20folder/Texas%20Health%20and%...

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DThepremiumamountpaidatthetimeofapplication Answer 5.insured'sfinancialstatus,hobbiesandhabits.Whattypeofareportisthat?AAgent'sReport BUnderwriter'sReport CInspectionReport DMedicalInformationBureau'sreport Answer Texas Health and Life Insurance ExamFX.pdffile:///C:/Users/HP/Desktop/New%20folder/Texas%20Health%20and%...

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6.thepolicywasissuedtwoweekslaterasrequested.Whendoesthepolicy coveragebecomeeffective?AAsofthepolicydeliverydate BAsofthefirstofthemonthafterthepolicyissueCAs ofthepolicyissuedate DAsoftheapplicationdate Answer 7.competentparty?AThepersonmustbementallycompetenttounderstandthecontract.BThepersonmusthaveatleastcompletedsecondaryeducation.CThepersonmustnotbeundertheinfluenceofdrugsoralcohol.DThepersonmustbeoflegalage.Answer 8.AEmployerinemployee Texas Health and Life Insurance ExamFX.pdffile:///C:/Users/HP/Desktop/New%20folder/Texas%20Health%20and%...

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